$ADA /USDT BEARISH SETUP ๐ป | REJECTED BELOW $0.60 โ BEARS GAIN CONTROL!
๐ Current Price: $0.5746 (-4.50%)
๐ 24h High / Low: $0.6034 / $0.5629
๐งญ Trend Outlook: Strong rejection from $0.60+ zone, signaling potential for further downside.
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๐น Key Resistance Levels:
$0.6034 โ 24h high & major resistance
$0.5900 โ Mid-level resistance
$0.5800 โ Local supply zone
๐ธ Key Support Levels:
$0.5629 โ 24h low & near-term support
$0.5500 โ Key psychological support
$0.5300 โ Major demand zone
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๐ฏ TRADE SETUP โ SHORT POSITION
๐ Entry: $0.5750 โ $0.5800 (on bounce)
๐ฏ Targets (TP):
TP1: $0.5630
TP2: $0.5500
TP3: $0.5300
๐ก๏ธ Stop Loss (SL): $0.6050 (above 24h high)
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โ ๏ธ RISK MANAGEMENT TIP:
Use 1โ2% of capital per trade. Stick to SL and avoid averaging down in a downtrend. ๐๐ก๏ธ
๐ ADA failing to hold above $0.58 shows fading bullish strength. A break below $0.56 could invite more sellers.
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