$ADA /USDT BEARISH PRESSURE BUILDING – WILL SUPPORT HOLD OR BREAK?
#Cardano is currently trading at 0.7042, showing a -2.48% decline as bearish momentum intensifies. Price action has slipped below the key 0.7100 level, now hovering just above critical support at 0.7000. If this level breaks, the market could swiftly slide toward 0.6850 and below. Sellers remain in control unless buyers reclaim the 0.7150 zone with volume.
Trade Setup:
Short Entry: 0.7040–0.7000
Take Profit Targets: 0.6920 / 0.6850 / 0.6800
Stop Loss: 0.7150
Why Short?
A breakdown below local support and rejection from recent highs suggests continuation of the bearish wave. Weak recovery signals make this a favorable setup for short positions.
Risk Management Tip:
Stick to your stop-loss. If ADA reclaims 0.7150 with strong volume, reevaluate bias and exit to avoid reversal losses.
Sell and Trade here on $ADA/USDT
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
