$ADA SHARP REJECTION SIGNALS STRONG SELL-OFF
BULL TRAP CONFIRMED. DUMP CANDLE WIPES RECOVERY.
$ADA spiked briefly above $0.7957 but faced an immediate and aggressive sell-off, crashing to $0.7850 and printing a massive red candle. This strong bearish engulfing pattern suggests further downside is likely. If $0.7850 fails to hold, the next key support lies near $0.7750. Bulls must reclaim $0.800 to neutralize the pressure.
Short Entry: Below $0.7845
Targets: $0.7750 / $0.7650
Stop Loss: $0.7980
Momentum has flipped heavily bearish — trade the breakdown with tight risk.
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