ADA (Cardano) Short Setup – Rejection from Major ResistanceADA is approaching a key resistance zone around the $0.84 level, which aligns with the 50% Fibonacci retracement and yearly open, showing signs of buyer exhaustion and weak momentum.
🔹 Entry:
$0.84 zone (watch for rejection w/ bearish confirmation candle or failed breakout)
🎯 Take Profit Targets:
🥇 $0.71
🥈 $0.56
🥉 $0.42
🛑 Stop Loss:
$0.92 (above key resistance/invalidates setup)
