$ADA The current price is 0.6642.
📉 Sell Trade Strategy for ADA/USDT
✅ Entry Point
Current price: $0.6642
Since you’re already in or planning to enter now, this is a reasonable level based on the chart.
🎯 Target (Take Profit)
Target 1: $0.6400 (near recent support)
Target 2: $0.6200 (strong support level from the chart)
You can take partial profit at Target 1 and the rest at Target 2.
🛑 Stop Loss
Stop Loss: $0.6800
(This is above the recent EMA and short-term resistance — if price goes there, it may start to rise again)
📊 Trade Summary
ElementLevelSell Entry$0.6642Take Profit 1$0.6400Take Profit 2$0.6200Stop Loss$0.6800
🧠 Extra Tips
Risk Management: Only risk 1–2% of your total capital.
Volume Watch: If volume rises while price drops, it's a good sign for your short.
If RSI drops below 40, it supports your sell position.