$ADX /USDT – Rapid decline after a small rise! 🚨
Current price: $0.1106 (+2.60%)
$ADX rose towards resistance at $0.1122 but faced quick rejection, showing early signs of a potential correction.
Trading setup – Sell opportunity:
Entry area: $0.1105 – $0.1115
TP1: $0.1085
TP2: $0.1065
TP3: $0.1052
Stop loss: $0.1128
Key levels:
Resistance: $0.1122 (Highest level in 24 hours)
Support: $0.1052 (Lowest level in 24 hours)
Market outlook:
The price formed a small peak after a sharp vertical movement - often a sign of buyer weakness or early profit-taking. Volume seems to be fading.
Professional advice:
Avoid chasing candles. Let it confirm a lower peak for more confidence in the sell trade.
Bears, get ready - these highs may be running out of momentum!
