🔻 $ADA /USDT BEARISH FADE — REJECTION FROM LOCAL RESISTANCE!
ADA is trading around $0.6669, down 6.16% in the last 24H after a clear rejection from the $0.715 zone. The 30-minute chart shows price failing to break higher and forming a potential double-top. Momentum has shifted with sellers regaining short-term control.
TRADE SETUP
Entry: $0.665 – $0.675
TP1: $0.640
TP2: $0.620
TP3: $0.605
SL: $0.686
WHY SHORT?
Strong upward move failed to hold above previous resistance, triggering bearish divergence and profit-taking. Lower timeframes show a stalling structure with increasing wicks — ideal for a short-term retracement trade.
RISK MANAGEMENT TIP:
Always use a stop-loss above recent highs to guard against fakeouts — and scale in cautiously.
Don’t let this breakdown fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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