ADA (Cardano) Short Setup – Rejection from Major Resistance

ADA 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)