šŸ“‰ ADA/USDT – Short Setup: Channel Rejection Play

ā° 15-Min Chart – Testing Upper Descending Channel

šŸ“ Current Price: $0.7264

šŸ”» Sell Zone: $0.73 – $0.74

(Rejected from upper trendline of descending channel with bearish candle and weak momentum)

šŸŽÆ Targets:

TP1: $0.715

TP2: $0.700

TP3: $0.685

šŸ›‘ Stop Loss: $0.751

šŸ“Œ Setup Insight:

ADA is trading inside a well-defined descending channel and just rejected off the upper boundary. Bearish volume is beginning to increase, suggesting downside continuation within the channel.

šŸ”” Confirmation Tip: A candle close below $0.72 with increased red volume strengthens the setup for further downside.