No fundamentals are working now a days.
Publier
Professor_Michael
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Baissier$ADA /USDT BEARISH MOVE INCOMING? 🚨📉
Cardano is currently trading around $0.9143, showing signs of rejection from a key resistance zone at $0.9204 - $0.9541. A potential drop could be in play as price struggles to break above this supply area.
🔹 Key Levels:
Resistance: $0.9204 - $0.9541 ❌
Support: $0.8323 - $0.8312 ✅
📌 Trade Setup: (Short Position) 🔻 Entry: Below $0.9140
🎯 Take Profit Targets:
✅ TP1: $0.8500
✅ TP2: $0.8323
❌ Stop Loss: Above $0.9623
⚡ Recommended Leverage: 5-10x
📊 Market Outlook:
ADA is facing strong resistance, and with rejection wicks forming at the top, a pullback towards $0.8323 is likely if sellers take control. A clean break below $0.9140 will confirm bearish momentum.
⚠️ Risk Management: Always use stop-loss and manage your leverage to avoid unnecessary losses. Never risk more than 1-2% of your capital per trade!
💬 If you feel the analysis helpful, Like, Share, and comment the next pair you want to analyze! 🚀🔥
#GPSonBinance
#USTariffs
#MarketPullback
#FTXrepayment
Cardano is currently trading around $0.9143, showing signs of rejection from a key resistance zone at $0.9204 - $0.9541. A potential drop could be in play as price struggles to break above this supply area.
🔹 Key Levels:
Resistance: $0.9204 - $0.9541 ❌
Support: $0.8323 - $0.8312 ✅
📌 Trade Setup: (Short Position) 🔻 Entry: Below $0.9140
🎯 Take Profit Targets:
✅ TP1: $0.8500
✅ TP2: $0.8323
❌ Stop Loss: Above $0.9623
⚡ Recommended Leverage: 5-10x
📊 Market Outlook:
ADA is facing strong resistance, and with rejection wicks forming at the top, a pullback towards $0.8323 is likely if sellers take control. A clean break below $0.9140 will confirm bearish momentum.
⚠️ Risk Management: Always use stop-loss and manage your leverage to avoid unnecessary losses. Never risk more than 1-2% of your capital per trade!
💬 If you feel the analysis helpful, Like, Share, and comment the next pair you want to analyze! 🚀🔥
#GPSonBinance
#USTariffs
#MarketPullback
#FTXrepayment
Avertissement : ce contenu inclut des opinions de tiers. Il ne constitue pas un conseil. Binance Ai peut être utilisée, sans garantie de résultat. Consultez les CG.