$ADA /USDT BEARISH BREAKDOWN IN MOTION — SUPPLY ZONE REJECTION TRIGGERS DOWNSIDE MOVE!
$ADA /USDT has clearly rejected the supply zone around $0.7238, confirming a lower high and initiating a downward move. The price has broken below short-term support, with increasing bearish momentum indicating a continuation toward the next demand level. Sellers have stepped in aggressively, showing control over the current structure.
Trade Setup: (Short Position)
Entry Zone: $0.7130 – $0.7160
Targets:
TP1: $0.6985
TP2: $0.6850
TP3: $0.6700
Stop Loss: $0.7240
Market Outlook:
The rejection from the overhead resistance suggests bears are likely to drive price lower unless a surprise reclaim above $0.7240 occurs. Volume and structure both support downside continuation. Eyes on $0.6980 as the next reaction zone.