$ADA /USDT short trade signal 🚦 🔴

based on the latest data:

$ADA /USDT

REJECTION FROM $0.69 RESISTANCE

STRONG SELLING PRESSURE CONTINUES

NEARING CRITICAL SUPPORT ZONE AT $0.62

Cardano is trading at $0.6313, down -8.82% in the last 24 hours. The recent bounce attempt from $0.6174 is weak, with candles showing long upper wicks—indicating strong seller dominance. Market structure is bearish, forming a descending channel.

📉 Trade Setup: SHORT

Entry: 0.63–0.64

Target 1: 0.615

Target 2: 0.59

Stop-loss: 0.655

🔭 Market Outlook: Bearish — Unless ADA reclaims $0.67+ with volume, further downside is expected. Watch BTC trend closely as correlation remains high.

#ADA #Cardano #AltcoinAnalysis #BearishTrend #CryptoSignals

buy and trade here on $ADA