$ADA /USDT BEARS GAIN CONTROL AS KEY SUPPORT LEVEL BREAKS — DOWNSIDE LIKELY TO EXTEND

Immediate Market Move Explanation:

Cardano ($ADA/USDT) is trading at 0.5822, just a tick above critical support at 0.5820. Price action is weakening, with repeated lower highs from 0.6300 down to the current range. The failure to reclaim the 0.6000 level and consistent pressure at support signals potential for a bearish breakdown toward 0.5615 and below. Sellers appear to be tightening their grip as momentum fades.

Trade Setup:

Type: Short Entry

Entry Zone: 0.5820–0.5845

Target 1: 0.5700

Target 2: 0.5615

Target 3: 0.5550

Stop Loss: 0.5965

Market Outlook:

The market structure leans bearish in the short term as $ADA/USDT continues to struggle beneath key resistance levels. Without a strong bounce from current support, momentum could drive prices toward lower liquidity zones. Short-term traders may find advantage in playing the breakdown, with caution around oversold reactions.

#Cardano #ADAUSDT #CryptoSignal #BearishSetup #Altcoins

buy and trade here on $ADA