$ADA /USDT short trade signal 🛑 🚦
BEARISH SETUP: SHORT REJECTION FROM SUPPLY ZONE SIGNALS DOWNSIDE MOVE!
Cardano is showing signs of weakness after rejecting a key supply zone near 0.7036–0.7054. Price attempted to break above but failed, forming a lower high and closing back below resistance. This indicates bearish momentum and a potential short-term breakdown.
Trade Setup:
Entry (Short): 0.6995
Take Profit (TP): 0.6881
Stop Loss (SL): 0.7036
Market Outlook:
Price is likely to slide toward the next support around 0.6880 as long as it stays below the resistance zone. Momentum favors sellers unless bulls reclaim the 0.7050 zone convincingly.
#Cardano #ADAUSDT #CryptoTrading #BearishSignal #PriceAction
