Technical analysis by FrankFx14 about Symbol ADA: Sell recommendation (9/24/2025)

Cardano (ADA) is currently trading around $0.81 after rejecting multiple times from the strong supply zone ($0.88 – $0.92) highlighted in red. 🔎 From the chart: Price has failed to break above this resistance area several times. Bears seem to be gaining momentum after the recent rejection. If ADA retests the red zone again and fails to break higher, we could see a strong move downwards. 🎯 Potential Targets: First target: $0.68 – $0.70 (minor support). Main target: $0.55 – $0.60 (green demand zone). ⚠️ Invalidation: If ADA breaks and closes above $0.92 with strong volume, the bearish setup becomes invalid, and bulls may take over. 💡 Trading Plan: Look for bearish confirmations in the supply zone. Short entries could be taken on rejection candles or break of structure. Manage risk with proper stop-loss above $0.93. ❓ What do you think, traders? Will ADA hold the supply zone and drop, or will bulls finally break through resistance? 👇 Drop your thoughts in the comments and let’s discuss!