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$ADA SHORT SETUP — BEARS STILL HAVE THE UPPER HAND!
$ADA is down 1.15%, with sellers maintaining pressure after the rejection from 0.1896. The broader bearish structure remains intact despite the latest bounce.
Entry: 0.1809
SL: 0.1825
TP1: 0.1790
TP2: 0.1788
TP3: 0.1777
Final Target: 0.1765
$ADA continues forming lower highs, showing that sellers still have the advantage. The latest bounce is testing nearby resistance, and a rejection could send price back toward 0.1788. Losing that support would open the door for a deeper decline.
Invalidation: A sustained recovery above 0.1825 weakens the bearish setup.
Keep your eyes on $ADA!