COIN: $ADA

POSITION: SHORT

This 1-hour Cardano (ADA/USDT) chart shows a descending scallop pattern, signaling a bearish trend. The price has broken support at 0.6969 USDT, with EMAs sloping downward. RSI at 36.97 suggests bearish momentum. A further drop is expected if support fails.

Ada Chart

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Trade Setup:
Entry: 7020
Target Price : 6836, 6666, 6552, 6420
Leverage: 8x