ADA is set for a sharp decline as price rejects the critical 2962 resistance level in this ongoing bear market.

Trading Plan Short ADA

Entry: 2962 on rejection

SL: 3000

TP: 2428

TP: 2283

TP: 2100

The ADAUSD pair has been entrenched in a downtrend with 2962 previously acting as support, now turned resistance. A failed retest here confirms selling pressure remains dominant, likely accelerating the move toward the sequential downside targets based on prior support zones.

Trade ADA here