$ADA Falls Below Key Level — Bears in Full Control
Cardano has dropped back below the $0.79 zone after a failed breakout attempt, continuing its clear downtrend. With lower highs and strong bearish candles forming, sellers remain dominant. A close below $0.7850 may lead to further downside toward the $0.76 region.
Trade Setup (Short):
Entry Zone: $0.7880 – $0.7920
Stop Loss: Above $0.8000
Target 1: $0.7750
Target 2: $0.7650
Target 3: $0.7550