$ADA sits on my short-side watchlist if the price can decisively close below the recent range floor on a bearish candle. Structurally, the price action is trading below a descending trendline, and the recent candles are setting up lower highs on the shorter timeframes. A reversal above the last swing high would immediately invalidate this bearish view.

Trade Plan — ADAUSDT SHORT
Entry: 0.2037 - 0.2041
Stop Loss: 0.2058
TP1: 0.2020 | TP2: 0.2005 | TP3: 0.1987

The map is useful only while the invalidation remains intact.

#MarketAnalysis