Short trade signal
$ADA Has Hit a Strong Resistance Zone at $0.5280 and Instantly Rejected with a Long Upper Wick — a Clear Sign That Buyers Failed to Push Higher and Sellers Stepped In with Force.............
After Such a Sharp Rejection on the 1H Chart, Momentum Usually Shifts Quickly to the Downside.............
Opening a Clean Short Opportunity if Price Breaks Back Below Support.............
Trade Setup
Entry: 0.5113 – 0.5150
Target 1: 0.4901
Target 2: 0.4700
Target 3: 0.4500
Stop Loss: 0.5300
ADA
0.4465
-6.97%