AlphaAnalyst
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Bearish
🚨 $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! 📉🔥
#BinanceHODLerBMT #BinanceAlpha2.0 #BNBChainMeme #SUIETFcoming? #BNBChainOverSolanaInDEXVolume
📉 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! 📉🔥
#BinanceHODLerBMT #BinanceAlpha2.0 #BNBChainMeme #SUIETFcoming? #BNBChainOverSolanaInDEXVolume
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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