$ADA /USDT BEARISH REJECTION FROM RESISTANCE — SELLERS TAKING CONTROL!
$ADA /USDT has once again failed to break the strong resistance zone near $0.7100, forming a clear rejection wick and heading lower. This pattern signals a potential downside continuation as buyers lose strength near key levels.
Trade Setup (Short):
Entry Zone: $0.7090 – $0.7100
Take Profit (TP): $0.6985 / $0.6854
Stop Loss (SL): $0.7190
Market Outlook:
Price has formed a lower high after a rejection from resistance, confirming bearish structure. If momentum continues, we could see a drop toward previous demand levels. Ideal setup for short-term traders eyeing a clean pullback.