Dear friends $ADA Shows Bearish Pressure After Sharp Decline.!!!
ADA
0.2648
-3.98%
#Cardano price remains trapped under broken support following a significant drop. The 1-hour chart suggests a corrective bounce might be underway.
However unless $ADA recovers the previous supply area the downward trend is likely to continue.
Trading Setup:💥
Entry Zone: $0.298-$0.302
Take Profit 1: $0.292
Take Profit 2: $0.286
Take Profit 3: $0.278
Stop Loss: $0.306
The bullish scenario only activates with a strong close above $0.307-$0.310 range.!!!