The $ADX token is experiencing a decline after its recent rally, with a current price of $0.1435 and a 2.51% decrease today. Here's a breakdown of the trade setup:
*Trade Setup (Short):*
- *Entry Zone:* $0.1430 - $0.1445
- *Stop Loss:* $0.1465
- *Targets:*
- TP1: $0.1410
- TP2: $0.1390
- TP3: $0.1360
*Market Insight:*
- Failure to reclaim the $0.1450-$0.1495 zone may keep $ADX under selling pressure.
- A breakdown below $0.1410 could accelerate the move toward deeper support levels.
*Key Levels:*
- Resistance: $0.1495
- Support: $0.1410, with potential further support levels below.
This setup suggests a potential short-term bearish trend for $ADX, with traders eyeing key support levels for potential targets [5].