$ADA /USDT BEARISH BREAKDOWN ALERT

Cardano ($ADA) is losing momentum after a rejection near $0.7400 resistance. The price has slipped below key levels, suggesting a bearish continuation may unfold. Short-term traders should prepare for potential downside

📌 Current Price: $0.7196

🔻 Resistance Levels:

• $0.7400 – Strong resistance zone

• $0.7500 – Next resistance if breakout occurs

🔻 Support Levels:

• $0.7040 – Immediate support

• $0.6960 – Key support and breakdown level

💣 TRADE SETUP (SHORT):

Entry: $0.7200 - $0.7250

TP1: $0.7040

TP2: $0.6960

SL: $0.7450

⚖️ Risk Management:

Risk only 1-2% of your capital. Keep your SL tight and manage your lot size accordingly. Don't overleverage – stay disciplined! 🛡️📊

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