$ADA USDT short tread signal 🛑

BEARISH REVERSAL – BULLS LOSING STEAM FAST

Cardano has shown a sharp rejection from the recent high at $0.5967, indicating a possible exhaustion of bullish momentum. The current price action suggests that sellers are stepping in aggressively, and if the price fails to reclaim the resistance zone quickly, a deeper pullback is likely.

🔻 TRADE SETUP (SHORT):

Entry: $0.5940 – $0.5945

Targets:

TP1: $0.5905

TP2: $0.5885

Stop Loss: $0.5970

📊 MARKET OUTLOOK:

Momentum has flipped bearish on lower timeframes after a failed breakout attempt above $0.5967. Immediate support lies near $0.5900 and deeper liquidity rests around $0.5880. If bearish pressure continues, a retest of lower consolidation zones is expected before any new upward attempt.

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