$ADA /USDT BEARISH REJECTION – SHORT TRADE ACTIVATED BELOW SUPPLY ZONES!
$ADA is currently trading around $0.6715 and has been sharply rejected from the $0.6745–$0.6760 resistance band. Price action shows multiple failed retests of the supply zone, followed by a strong red candle indicating sell-side pressure. This signals a continuation to the downside as buyers lose momentum.
Trade Setup (SHORT):
Entry Price: $0.6710 – $0.6740
Target 1: $0.6634
Target 2: $0.6580
Stop Loss: $0.6801
Why Short?
Repeated rejections from stacked resistance levels and a breakdown from consolidation suggest sellers are in control. Volume shows no strong bullish support, and momentum is shifting to the downside.
Risk Management Tip:
Stick to your SL at $0.6801. A close above this level invalidates the setup. Secure profits as targets approach and trail your stop accordingly.
Sell smart — don’t chase green candles when the trend is turning red!
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
