$ADA /USDT BEARISH PRESSURE EMERGING
$ADA/USDT is currently trading at 0.2811 USDT (≈Rs78.48), down 1.71% in the last 24 hours. Key levels to watch:
Resistance: 0.2899 USDT — the recent high where selling pressure may appear.
Support: 0.2773 USDT — the recent low that could act as a strong floor for buyers.
Trade Setup:
Entry: Short at 0.2811 USDT
Take Profit (TP): 0.2773 USDT (first target), 0.2762 USDT (secondary target)
Stop Loss (SL): 0.2848 USDT — above recent resistance to limit risk
The RSI(6) is at 41.62, indicating mild bearish momentum. Moving averages (MA5: 1,640,459.8, MA10: 3,260,961.7) suggest the market is in short-term consolidation, with potential downward pressure. Volume is moderate, confirming active trading around the current price.
📈 Guiding Thought: Even small pullbacks are opportunities to refine your strategy. Stay disciplined, manage risk carefully, and keep moving forward — consistency builds long-term success.
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