ADA is caught in a bearish swing, price hovering near the 0.31 resistance. The 0.29 support line now feels like a fragile floor.
🔴
$ADA SHORT 📉 — Trade Plan
• Entry: $0.213286 – $0.213713
• Stop: $0.219905 (-3.0%)
• Target 1: $0.210297 (+1.5%)
• Target 2: $0.202825 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market structure broke lower (CHoCH) and the order block at 0.33 aligned with a fair‑value gap, creating a POI confluence. CVD shows aggressive selling volume while a liquidity sweep ripped the recent highs, confirming the short bias. With the price sitting in the gap, the short entry looks clean.
A 3.0% stop is relatively tight for a 1:1.7 reward, so a modest 3‑5x leverage keeps risk manageable.
Consider taking half the position off at the first profit target around 0.28.
Not financial advice — trade only what you can afford to lose 🙏
$ADA #ADAUSDT #CPIWatch #TradingSignals #Write2Earn