$ADA
(1) Short Selling Strategy
- Entry Conditions:
- Price rebounds to the range of $0.86-$0.88 and fails to break the resistance;
- A bearish pattern appears on the four-hour candlestick chart
- Target Levels:
- First Target: $0.84 (short-term support);
- Second Target: $0.8068 (strong support zone, if broken may accelerate downward).
- Stop Loss: Set above $0.89 to guard against false breakout risks.