$ADA is showing early signs of bearish momentum after facing strong rejection from the recent resistance zone.
$ADA - SHORT
Trade Plan:
Entry: 0.1630 – 0.1645
SL: 0.1665
TP1: 0.1605
TP2: 0.1585
TP3: 0.1560
Why this setup?
Price is rejecting a key resistance area after its recent recovery and is struggling to break above it. As long as price remains below 0.1665, sellers are likely to stay in control, increasing the probability of a move toward the lower support levels.
Click below for trade 👇
$ADA
$ADA - SHORT
Trade Plan:
Entry: 0.1630 – 0.1645
SL: 0.1665
TP1: 0.1605
TP2: 0.1585
TP3: 0.1560
Why this setup?
Price is rejecting a key resistance area after its recent recovery and is struggling to break above it. As long as price remains below 0.1665, sellers are likely to stay in control, increasing the probability of a move toward the lower support levels.
Click below for trade 👇
$ADA