$ADA /USDT — LONG TP HIT 🎯, NOW EYEING SHORT REVERSAL MOVE 🔻
Cardano’s long trade has smashed targets, delivering a clean breakout to the upside. After this explosive +8% rally, price is now nearing strong resistance around 0.856–0.860, where sellers may step in. A rejection from this zone could set up a sharp short-term pullback.
Trade Setup (Short):
Entry Zone: 0.8550 – 0.8600
Target 1: 0.8390
Target 2: 0.8170
Stop Loss: Above 0.8660
Market Outlook:
With the rally exhausting near multi-day highs, momentum indicators suggest overextension. If resistance holds, a corrective move is likely before the next major bullish attempt. Aggressive traders can position early for the retracement while managing risk tightly.
