💥 CARDANO ADA RECOVERY FALTERS! SHORT THE $0.45 REJECTION BEFORE THE FALL! 📉
📌 ENTRY: $0.4500 - $0.4600 (Short the weak retest of resistance!)
🛑 STOP LOSS: $0.4700
🎯 TAKE PROFIT 1: $0.4350 (Retest of Daily Low)
🎯 TAKE PROFIT 2: $0.4150 (Key Fibonacci Support)
🎯 TAKE PROFIT 3: $0.3950 (Psychological Pivot Point)
📉 OFFICIAL SIGNAL: SHORT 🔴
👉 COIN:
$ADA (Cardano)
👉 LEVERAGE: Cross 15x - 20x (Standard leverage for a blue-chip short!)
🧠 THE CONVICTION: WHY ADA IS TURNING DOWN
* Macro Bearish Trend: The long-term and medium-term trends for ADA remain firmly bearish (Snippets 1.3, 1.9). The recent strong move up to 0.45 was a corrective pullback (Snippet 1.4), not a reversal.
* Key Resistance Rejection: The price is testing the $0.45 - 0.46 zone, which aligns with major resistance levels (20-day EMA and high-volume rejection zones) (Snippet 1.5). We are betting on this resistance to hold, confirming the short-term recovery is over.
* Low Conviction Bounce: Despite the quick surge, the technical rating remains Neutral to Sell on higher timeframes (Snippet 1.7). A rejection here will push ADA back to re-test the critical 0.40 support, which is our target zone.
💰 EXECUTE THE TREND CONTINUATION!
Do not chase the failed bounce! Position for the downward move back to the key support levels.
CLICK the [
$ADA ] coin tag below right now to place your limit order on Binance Futures and profit from the trend resumption! 💸
#ADA #Cardano #ShortSignal #CryptoSignals #BinanceSquare $
$ADA