๐ป $ADA USDT BEARISH BREAKDOWN โ MARKET SHOWS POTENTIAL REVERSAL SIGNAL
$ADAUSDT is trading at 0.6220, down -0.11% currently. The chart shows price rejecting from the 0.6270 resistance zone after a strong upward move. With consolidation failing to break higher and a downside projection box drawn, market structure indicates a potential bearish reversal towards previous support levels.
๐ TRADE SETUP
Short Entry: 0.6230 - 0.6250
Take Profit 1: 0.6150
Take Profit 2: 0.6050
Stop Loss: 0.6290
๐ก MARKET OUTLOOK
ADA is forming lower highs near resistance, with bearish divergence visible on volume momentum. If price stays below 0.6250, sellers are likely to dominate and push towards 0.6050 in the upcoming sessions. Traders should watch for confirmation candles before entering aggressively.
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buy and trade here on $ADA