$ADA USDT SIDEWAYS CONSOLIDATION – BIG MOVE LOADING ⚡
$ADA USDT is currently moving in a tight sideways consolidation on the 15-min chart, hovering around the 0.5740 zone. Buyers and sellers are in equilibrium, hinting at a potential breakout in either direction soon. Traders should prepare for a strong move as volatility compresses.
🔴 Trade Setup (Short Bias):
Entry Zone: 0.5750 – 0.5760
Take Profit Targets:
TP1: 0.5725
TP2: 0.5700
TP3: 0.5670
Stop Loss: 0.5780
📊 Market Outlook:
The market is in a ranging phase with quick rejections from resistance areas. If it fails to reclaim above 0.5760 decisively, expect a downward push towards lower support levels.
💡 Risk Management:
In tight ranges, use smaller position sizes and firm stops to avoid whipsaw losses until a clear trend emerges.
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