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📊 Short-Term Analysis for
$ADA /USDT (15m - 1h - 4h) 🔥
📉 Why a Short Trade?
1️⃣ Strong Resistance at $0.7400 - $0.7500 🚧
ADA is struggling to break above key resistance and facing selling pressure.
If price stays below $0.7400, expect a potential move toward $0.7200 - $0.7100.
2️⃣ Lower Highs Formation 📉
ADA is forming lower highs, indicating bearish continuation.
A break below $0.7250 could trigger a strong downside move toward $0.7100 - $0.7000.
3️⃣ Volume Decreasing, Bears in Control 📊
🔹 24H Volume: 123.82M USDT – Selling pressure increasing.
🔹 If ADA breaks below $0.7250, expect further downside toward $0.7100 - $0.7000.
4️⃣ Key Support at $0.7200 - $0.7100 🛑
If ADA loses $0.7200, it may accelerate toward $0.7000.
Watch for a strong breakdown candle with volume.
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📊 Short-Term Trade Setup (15m - 1h - 4h) 📊
🔹 Short Entry: $0.7350 - $0.7400 (On retracements)
🎯 Targets: $0.7250, $0.7100, and $0.7000
🛑 Stop Loss: $0.7500 (Above resistance)
🔸 Breakdown Confirmation:
✅ If $0.7250 breaks, expect a move toward $0.7100 - $0.7000.
✅ If ADA bounces from $0.7200, consider partial profit-taking.
⚠️ Risk Management:
🔸 Keep SL tight above $0.7500 to avoid fakeouts.
🔸 Watch volume & price action for bearish continuation confirmation.
🚀 Overall Bias: Bearish (As long as $0.7400 acts as resistance)
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