$ADA Bounces Into Resistance After the Flush Fade the Reclaim
Pair: $ADA /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 0.2360 – 0.2370
Take Profit:
- TP1: 0.2302 +12%
- TP2: 0.226 +21%
- TP3: 0.2198 +35%
Stop Loss: 0.2447
Chart Structure:
- ADA dropped sharply from ~0.258, breaking below MA7, MA25, and the MA99 (purple) with an outsized spike-down candle, before stabilizing and grinding back up to retest the moving-average cluster near current price
- Current price sits right at the entry zone, essentially retesting the underside of the broken structure a level that previously acted as support during the decline
- ⚠️ Mixed signal: RSI 14 has recovered from the low-20s into the high-30s, and MACD just crossed positive with a building green histogram both indicators are actually turning bullish, working against this short
- Given the improving momentum building steadily (not a sharp one-off spike), this is a contrarian fade rather than a high-conviction trend continuation the recovery could extend further before any rejection
- Stop is placed above the recent local high at the risk-area boundary, which would need to be reclaimed to invalidate the short
$ADA
Pair: $ADA /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 0.2360 – 0.2370
Take Profit:
- TP1: 0.2302 +12%
- TP2: 0.226 +21%
- TP3: 0.2198 +35%
Stop Loss: 0.2447
Chart Structure:
- ADA dropped sharply from ~0.258, breaking below MA7, MA25, and the MA99 (purple) with an outsized spike-down candle, before stabilizing and grinding back up to retest the moving-average cluster near current price
- Current price sits right at the entry zone, essentially retesting the underside of the broken structure a level that previously acted as support during the decline
- ⚠️ Mixed signal: RSI 14 has recovered from the low-20s into the high-30s, and MACD just crossed positive with a building green histogram both indicators are actually turning bullish, working against this short
- Given the improving momentum building steadily (not a sharp one-off spike), this is a contrarian fade rather than a high-conviction trend continuation the recovery could extend further before any rejection
- Stop is placed above the recent local high at the risk-area boundary, which would need to be reclaimed to invalidate the short
$ADA