$ADA/USDT — 🔴 SHORT · Conf 95%
📍 Entry: 0.2429 – 0.2443
🛑 SL: 0.2476
🎯 TP1: 0.2314
✅ TP2: 0.2217
🏆 TP3: 0.2071
The 4H market structure is clearly bearish with lower highs forming below the key moving averages while price stays firmly suppressed under the 15M EMA20.
About $ADA: Cardano is a proof-of-stake layer-1 blockchain focused on formal verification — it recently activated the Chang hard fork to enable decentralized governance — slow peer-reviewed rollout speed continues to drag on ecosystem momentum.
Does the strong 4H bearish structure justify shorting here, or could the price retest moving average resistance before extending lower?
$ADA
📍 Entry: 0.2429 – 0.2443
🛑 SL: 0.2476
🎯 TP1: 0.2314
✅ TP2: 0.2217
🏆 TP3: 0.2071
The 4H market structure is clearly bearish with lower highs forming below the key moving averages while price stays firmly suppressed under the 15M EMA20.
About $ADA: Cardano is a proof-of-stake layer-1 blockchain focused on formal verification — it recently activated the Chang hard fork to enable decentralized governance — slow peer-reviewed rollout speed continues to drag on ecosystem momentum.
Does the strong 4H bearish structure justify shorting here, or could the price retest moving average resistance before extending lower?
$ADA