$ADA /USDT BEARISH MOVE IN PLAY 🔻 – SHORT SETUP AHEAD!
📉 Current Price: $0.6110
🚨 24H Range: High $0.6566 | Low $0.5998
💥 24H Drop: -6.53%
🔍 TECHNICAL ANALYSIS
$ADA /USDT is currently in a bearish retracement phase after failing to hold above the $0.6400 resistance zone. Price action shows lower highs and lower lows, with increasing sell volume – confirming downward pressure.
📊 KEY LEVELS
🔺 Resistance:
$0.6400 – Major resistance zone
$0.6250 – Minor resistance (previous support turned resistance)
🔻 Support:
$0.5990 – Immediate support (24h low)
$0.5750 – Next strong demand zone
💣 TRADE SETUP – SHORT ENTRY
📉 Entry: $0.6150 – $0.6100 (wait for slight pullback/retest)
🎯 Targets (TP):
TP1: $0.5990
TP2: $0.5750
TP3: $0.5600 (extended target)
🛡️ Stop Loss (SL): $0.6270 – above minor resistance
⚠️ RISK MANAGEMENT
Use 2% max risk per trade. Adjust position size accordingly. Always wait for confirmation candle before entry. Protect capital, let profits run. 💼📉
📌 Summary: ADA/USDT shows strong bearish momentum, with clear rejection from upper resistance. Short setup offers high RR potential if support breaks. Stay disciplined! 💣📉💼
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