📉 $ADA Breakdown Brewing – Is Cardano Losing Steam? 🚨🔻
Price: $0.5786 (+0.99%)
Cardano is flashing early warning signs on the 1H chart 📉. After forming consistent Higher Highs (HH) and Higher Lows (HL), $ADA broke its bullish structure by slicing below a key red-marked support zone ⚠️. Since then, it’s been stuck in a tight consolidation box — a classic pressure cooker setup 😶🌫️.
📦 What’s Next?
A break below the box = bearish continuation 🛑
A break above = possible relief bounce 📈
🎯 Trade Setup – SHORT Bias
🔹 Entry: $0.572
🎯 TP1: $0.560
🎯 TP2: $0.548
❌ SL: $0.582
👉 Trade smart. Watch the breakout zone closely. $ADA volatility is incoming!
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