$ADA BREAKDOWN – BEARS IN FULL CONTROL ...

$ADA /USDT is experiencing a sharp sell-off, now trading at $0.6395, struggling near its 24-hour low of $0.6312. The price has broken key support levels, showing strong bearish momentum. Will ADA bounce back, or is more downside ahead?

📊 Key Levels to Watch

🔻 Support: $0.6300 – A breakdown below this level could push ADA toward $0.6150 and $0.6000.

🔺 Resistance: $0.6500 – A recovery above this level is necessary for any potential bullish reversal.

🎯 Trade Setup – How to Play This Move?

📉 Short Entry: Below $0.6300, with downside targets at $0.6150 and $0.6000.

📈 Long Entry: If ADA reclaims $0.6500, potential upside targets are $0.6650 and $0.6750.

🚨 Stop-Loss: $0.6450 – Reduce risk in case of sudden price reversal.

📉 Market Insights – Why is ADA Falling?

✅ High Selling Volume: Bears are dominating, pushing price lower.

✅ Weak Market Sentiment: Broader market weakness affecting altcoins.

✅ Key Breakdown: Failed to hold above key support, triggering more selling.