🔻 $ADX USDT BEARISH REVERSAL – BULLS LOSING GRIP AFTER SPIKE

The $ADXUSDT pair surged to a high of 0.0905 but failed to sustain, currently trading at 0.0842 (+6.99%). This sharp rejection from the top indicates weakening buying pressure, suggesting a potential continuation to the downside if buyers do not step back in aggressively.

🔷 Trade Setup (SHORT):

Entry: 0.0845 – 0.0855 (on minor pullback)

Targets: 0.0820 / 0.0790 / 0.0776

Stop Loss: 0.0875

📊 Market Outlook:

ADX shows a clear rejection pattern on the 15m chart after an impulsive spike, forming lower highs indicating selling pressure. As long as it remains below 0.0875 resistance, bears are likely to maintain control.

⚠️ Risk Management:

Use a strict SL and risk only 1-2% of your portfolio per trade to protect capital efficiently.

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buy and trade here on $ADX