$ADA /USDT Short Signal Alert
Current Market Price: $0.6307
Trade Setup:
Entry Zone: $0.6300 – $0.6340
Take Profit Targets:
• TP1: $0.6220
• TP2: $0.6150
• TP3: $0.6080
Stop Loss: $0.6375
Risk/Reward Ratio: ~2.3
Key Technicals:
MACD: Momentum fading—MACD histogram starting to decline despite bullish crossover.
RSI(30/70): RSI(30): 56.6 and RSI(70): 51.8 — nearing mid-zone, showing weakening buying strength.
Bearish Candle Formation: Double wick rejections around $0.6349 resistance—potential reversal sign.
Volume Drop: Declining volume as price rises, suggesting buyer exhaustion.
MA(5) vs MA(10): Short MA is losing momentum near overextended levels.
Pro Tip: Ideal setup for a short scalp if ADA fails to reclaim $0.6340. Watch for a strong 1H bearish candle below $0.6280 as added confirmation.
