$ADA USDT – BEARISH RETEST OR DEAD CAT BOUNCE?
REJECTION NEAR $0.5458 AFTER WEAK RECOVERY
MACD STILL FIRMLY IN BEARISH ZONE
$ADA USDT attempted a mild bounce from the $0.5366 low but is now facing resistance below the previous support zone. The overall trend remains bearish, with the MACD showing no signs of bullish crossover, indicating further downside pressure.
SHORT Trade Setup
Entry: $0.5410
Target 1: $0.5300
Target 2: $0.5180
Stop Loss: $0.5520
If price fails to reclaim $0.5480, bears are likely to regain control. Watch for continuation candles below $0.5366 for confirmation.