keeping an eye on $ADA, while I keep leverage near 27x, failed to hold the push and is slipping back under resistance
RSI is 13.6; momentum is weak, so a reversal needs confirmation rather than an assumption. ADA is 8.36% lower over 24 hours and is trading around 0.1566. The trend remains under pressure, with the short-term average sitting beneath the slower one. The nearby map is support around 0.1556 and overhead resistance close to 0.1721. Volume is only about 0.2x its recent average, so stronger participation would help confirm the move. A weak reaction around the entry band would support the plan; a clean reclaim would weaken it.
Short setup | Spot chart | 1H
Entry: 0.1565–0.1571
TP1: 0.1513 / TP2: 0.1466 / TP3: 0.1411
Stop Loss: 0.166
#ADA #Crypto #Binance #Write2Earn!
RSI is 13.6; momentum is weak, so a reversal needs confirmation rather than an assumption. ADA is 8.36% lower over 24 hours and is trading around 0.1566. The trend remains under pressure, with the short-term average sitting beneath the slower one. The nearby map is support around 0.1556 and overhead resistance close to 0.1721. Volume is only about 0.2x its recent average, so stronger participation would help confirm the move. A weak reaction around the entry band would support the plan; a clean reclaim would weaken it.
Short setup | Spot chart | 1H
Entry: 0.1565–0.1571
TP1: 0.1513 / TP2: 0.1466 / TP3: 0.1411
Stop Loss: 0.166
#ADA #Crypto #Binance #Write2Earn!
