$ADA 1H Setup 📉
Price: $0.1625
Short-term MAs (SMA20/50, EMA20/50) are turning bullish and price is holding above them — but it's now pressing into the SMA100/200 resistance zone ($0.1636–$0.1684).
RSI at 67 and CCI at 249 both flag overbought conditions. Momentum is positive but stretched, and ADX at 25 shows a trend is building.
Bias: Sell/Short
🎯 TP: $0.160783
🛑 SL: $0.165
Watching for a rejection at resistance — if it breaks and holds above the SMA100, this setup gets invalidated.
Price: $0.1625
Short-term MAs (SMA20/50, EMA20/50) are turning bullish and price is holding above them — but it's now pressing into the SMA100/200 resistance zone ($0.1636–$0.1684).
RSI at 67 and CCI at 249 both flag overbought conditions. Momentum is positive but stretched, and ADX at 25 shows a trend is building.
Bias: Sell/Short
🎯 TP: $0.160783
🛑 SL: $0.165
Watching for a rejection at resistance — if it breaks and holds above the SMA100, this setup gets invalidated.