💥 $ADA USDT SHORT TRADE SIGNAL 💥
BEARISH REJECTION FROM SUPPLY ZONE — DROP LIKELY TO DEEPER SUPPORT!
Cardano is showing a strong rejection from a key resistance zone near $0.5350–$0.5360. After a failed attempt to break above, price is now turning down with momentum. This sets up a high-probability short opportunity targeting the next support levels.
🔻 Trade Setup:
Entry Zone: $0.5280 – $0.5300
Take Profit:
• TP1: $0.5195
• TP2: $0.5100
Stop Loss: $0.5365
📉 Market Outlook:
The recent bounce failed to break prior highs, forming a lower high structure. With bearish engulfing candles and volume weakening near resistance, downside pressure looks likely. Momentum remains in favor of sellers.
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