$ADA

ADA
0.3778
-11.08%
/FDUSD BEARISH ANALYSIS 🔻
$ADA is currently trading around $0.5345, showing weakness below the MA60 (0.5346) and facing rejection from the upper resistance zone. Sellers seem to be taking control as momentum slows down near recent highs.
📊 Key Levels:
Resistance: $0.5550 – $0.5600 🚫
Support: $0.5150 – $0.4900 🟩
Current Price: $0.5345 💰
💼 Trade Setup (Short Entry):
Entry: $0.5320 – $0.5350
Take Profit (TP):
🎯 TP1: $0.5150
🎯 TP2: $0.5000
🎯 TP3: $0.4900
Stop Loss (SL): ❌ $0.5470
⚠️ Risk Management:
Risk only 1–2% per trade and always use a stop loss to protect capital. Manage your position wisely — preservation beats perfection! 💪
#ADA #Cardano #FDUSD #CryptoAnalysis #BearishSetup
#$ADA