đ¨ $ADA /USDT Bearish Breakdown Active! đđŚ
Cardano ($ADA ) is showing strong bearish continuation after rejecting hard from the 0.5900â0.6000 resistance zone. Price is consolidating below, signaling sellers remain firmly in control with momentum aimed at deeper supports.
đť Short Setup:
⢠Entry Zone: 0.5800 â 0.5840
⢠Take Profit 1: 0.5694
⢠Take Profit 2: 0.5597
⢠Stop Loss: 0.5910
đ Market Outlook:
ADA continues to print lower highs and lower lows on the 15m chart. Bears are active below the 0.5900 zone, and a break under 0.5750 could accelerate the move toward 0.5690 and even 0.5590.
â ď¸ Quick Tip: Wait for a volume-backed breakdown candle below 0.5750 to confirm the next bearish leg and protect your trade with a disciplined stop.