$ADA at $0.2284… I’m still seeing more weakness than strength here.
After dropping from $0.2595, ADA hasn’t managed to build a convincing recovery. Every bounce is running into sellers, and $0.2300 is becoming a difficult level to reclaim.
I’m leaning bearish while that resistance holds.
🔴 Short entry: $0.2280–$0.2300
🎯 TP1: $0.2260
🎯 TP2: $0.2242
🎯 TP3: $0.2200
🛑 SL: $0.2335
A confirmed hourly break below $0.2274 could bring $0.2242 back into focus.
I wouldn’t rush the entry, though. A rejection near resistance would make the setup more convincing.
Trade $ADA here 👇
After dropping from $0.2595, ADA hasn’t managed to build a convincing recovery. Every bounce is running into sellers, and $0.2300 is becoming a difficult level to reclaim.
I’m leaning bearish while that resistance holds.
🔴 Short entry: $0.2280–$0.2300
🎯 TP1: $0.2260
🎯 TP2: $0.2242
🎯 TP3: $0.2200
🛑 SL: $0.2335
A confirmed hourly break below $0.2274 could bring $0.2242 back into focus.
I wouldn’t rush the entry, though. A rejection near resistance would make the setup more convincing.
Trade $ADA here 👇