$ADA
/USDT BEARISH DIVE AS SUPPORT LEVELS CRACK UNDER PRESSURE
Cardano is under heavy selling pressure, slipping -3.70% to $0.5798, and breaching minor support zones around $0.5850 and $0.5810. The continued rejection from the $0.6100–$0.6000 range indicates bulls are losing grip, while bears dominate the current structure. With a series of lower highs and a breakdown below $0.5800, the path of least resistance remains to the downside in the short term.
Trade Setup: SHORT Entry
Entry: $0.5790
Take Profit (TP): $0.5650 / $0.5550
Stop Loss (SL): $0.5880
Market Outlook:
The current trend remains bearish as ADA struggles to find support amid declining volume and momentum. A close below $0.5750 would further validate downside potential toward previous demand zones near $0.5550. Bulls will need a strong bounce above $0.5900 to invalidate this bearish setup.
buy and trade here on $ADA
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