🚨 $ADA /USDT: Bearish Momentum Increasing – More Downside Ahead? 🚨

📉 Cardano (ADA) is losing support and heading lower! Will it find a bounce, or is more selling pressure coming?

Market Outlook:

🔻 Bearish Trend – ADA is forming lower highs & lower lows, signaling continued weakness.

🔻 Failed to Hold $0.7050 – This level is now acting as resistance.

🔹 Key Support at $0.6928 – If this breaks, expect deeper losses.

🔹 Reversal Possible? – Bulls need to reclaim $0.7050-$0.7100 to shift momentum.

Bearish Trading Setup:

🔸 Entry: Short at $0.7000-$0.7029 (retest of broken support).

🔸 Target 1: $0.6950 (next key level).

🔸 Target 2: $0.6928-$0.6900 (deeper drop).

🔸 Invalidation: Stop-loss above $0.7050 (if price reclaims resistance).

📊 Final Take:

ADA is under bearish pressure, and unless bulls step in, it could see a further drop to $0.6928 or lower. Watch for a reaction at support before making a move!

💬 Are you shorting ADA, or do you expect a bounce? Share your thoughts below! 📉🔥

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