#ADAUSDT - Bearish Reversal Confirmed!šØ
Critical BEARISH Signals;
1. Stochastic RSI (92.08) & MA (95.40):
- Extreme overbought (ļ¼90 = reversal imminent).
2. Williams %R (-34.86):
- Approaching overbought threshold (-20), signaling exhaustion.
3. OBV (-6.66B):
- Heavy distribution despite +2.83% price pump (smart money dumping).
4. Volume Collapse:
- Current vol (17.56M) 76% below MA(5) (73.55M)nā weakest rally in recent sessions.
5. Bollinger Bands:
- Price (0.6898) rejected at upper band (0.6991) ā classic reversal pattern.
6. Market Sentiment:
- 74.11% long accounts** (LS Ratio 2.86) = overcrowded long trap!
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Trade Strategy:
- š„ Short Entry: 0.6950-0.6990 (Bollinger rejection zone + 24h high proximity).
- šÆ Take Profit:
- TP1: 0.6810 (mid Bollinger band) ā +2% profit
- TP2: 0.6690 (24h low) ā +3.7% profit
- TP3: 0.6630 (lower Bollinger band) ā +5.1% profit
- ā Stop Loss: 0.7100 (above 24h high 0.7069).
- š Position Size: Risk ā¤1.5% (altcoin volatility).
Surety Rate: 8/10 (High-probability reversal: OBV divergence + volume collapse).
Why This Works:
- 2.83% pump on NEGATIVE volume = textbook distribution.
- Extreme StochRSI + weak MACD momentum (DIF/DEA negative) = unsustainable move.
- Overleveraged longs (74% accounts) will amplify the drop to 0.6690-0.6630*.
#ADA #CryptoShort #Altcoin #BearishReversal
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ā ļø Risk Note: Watch Bitcoin! Exit if ADA breaks 0.7050 with volume surge.
š ACTION: Short at 0.6950, add at 0.6990. Move SL to entry at 0.6850**!