$ADA /USDT short trade signal 🚦 🛑
BEARISH REVERSAL AT RESISTANCE — SHORT TRADE LOADING!
Cardano just faced strong rejection from the key resistance zone at $0.8420 – $0.8430, confirming a bearish rejection with a lower high formation. Price is currently trading at $0.8157, now testing a key mid-support that previously acted as resistance.
Key Levels:
Resistance: $0.8330 – $0.8430
Support: $0.7720 (Target Zone)
Current Price: $0.8157
Trade Setup (Short):
Entry: $0.8160 – $0.8180
Take Profit (TP): $0.7720
Stop Loss (SL): $0.8335
Market Outlook:
ADA has formed a clear lower high after failing to hold above the resistance zone. With increasing selling pressure and bearish engulfing candle near resistance, a short position is favored as momentum shifts downward.
Risk Management:
Always use a fixed SL to cap potential loss and target 1.5R or above reward setups. Avoid over-leveraging — protect your capital first!
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