$ADA /USDT – Bearish Rejection from Supply with FVG Stack! 🔥💯
📍 Current Price: $0.7634 (+2.50%)
Cardano is showing signs of weakness after multiple FVGs filled near a local top. Supply is pressing down.
🔹 Market Structure:
• Clean uptrend followed by consolidation
• Price rejected from multiple red FVGs
• Minor liquidity sweep above recent highs
• Potential reversal setup forming
🔍 Price Action Insight:
• Rejection from stacked FVGs at $0.766–0.770
• Last green FVG broke and price is now retesting it from below
• Looks ready for a breakdown toward demand zones
📉 Trade Setup:
• Entry Zone: $0.7650–0.7662 (retest of FVG)
• Target 1: $0.7550
• Target 2: $0.7496
• Stop Loss: $0.7705 above FVG zone
⚠️ Pro Tip:
Watch for a weak reaction or bearish engulfing at the $0.765 level – that's your confirmation candle for continuation down.
ADA bulls losing grip? This FVG rejection hints at a short opportunity – stay sharp and ride the move!
$ADA
#VoteToListOnBinance #WhaleMovements #DogecoinReserve #FidelityStablecoin #BinanceAlphaAlert