$ADA is breaking down from consolidation, increasing downside continuation risk
After rejection at 0.3847, price lost EMA 7/25/99 on the 1H chart and is printing lower highs with weak bounces; structure favors bearish control as support at 0.35 is being pressured.
🎯 Entry zone: SHORT 0.3530 – 0.3580
TP1 0.3480, TP2 0.3420, TP3 0.3340
🛑 Stop Loss 0.3660
Bearish bias remains valid while price stays below 0.36; failure to reclaim EMAs likely leads to continuation toward lower liquidity zones.
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