$ADA /USDT Short-Term Bearish Pressure 📉
ADAUSDT
Perp
0.2406
-3.68%
/USDT is currently trading around 0.245 with clear short-term bearish momentum, as price remains below key EMAs (7/25/99), indicating continued downside pressure. The recent lower highs and weak bounce suggest sellers are still in control, with immediate support near 0.2442 and resistance around 0.2465–0.2500 zone. If price breaks below support, further downside toward 0.2400 is likely, while a reclaim above 0.2500 could signal a short-term reversal. Trade setup: Consider short positions below 0.2460 with targets at 0.2420–0.2400 and stop-loss above 0.2505; alternatively, wait for a breakout above 0.2500 for a cautious long setup. #ADA #Write2Earn