$ADA /USDT BEARISH PRESSURE BUILDING! ⚠️📉🔥

Cardano is slipping below key moving averages with declining price action and heavy rejection from recent highs. The trend signals bearish continuation unless a strong reversal emerges. Let’s break down the move 👇

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📍 Current Price: $0.6983

📉 Trend: Downward pressure with weak bounce attempts.

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🔑 KEY LEVELS:

Resistance 💥:

$0.7060 – $0.7150 (Near-term resistance zone)

$0.7315 (24H High & major supply barrier)

Support 🛡️:

$0.6909 (24H Low & short-term support)

$0.6880 (Breakdown level)

$0.6700 – $0.6500 (Strong demand zone)

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🧠 TECHNICAL OVERVIEW:

MA(7): 0.6960

MA(25): 0.7021

MA(99): 0.7149

→ Price trading below all MAs = bearish dominance

MACD: Bearish crossover widening

Bollinger Bands: Lower band breach = further sell-off possible

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🔻 TRADE SETUP – SHORT POSITION

🔽 Entry: $0.6980 – $0.7030

🎯 Targets (TP):

TP1: $0.6910

TP2: $0.6800

TP3: $0.6600

🛑 Stop Loss (SL): $0.7155

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🛡️ RISK MANAGEMENT:

Risk 1–2% max per trade

Use a tight SL due to ADA’s volatility

Secure profits partially at each target ✅

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ADA is fading fast — stay sharp and follow the flow! ⚡📉

Capital first. Trades second. 💼🔐

#BinanceHODLerRESOLV #Tradersleague #MarketRebound #BTC110KSoon? #Write2Earn $ADA