$ADA /USDT short tread signal 🚦 🔴
SHORT TRADE SIGNAL – BEARISH REVERSAL AFTER LOWER HIGH CONFIRMED!
$ADA faced strong rejection at $0.6796 and is now trading at $0.6631, below the hourly average. After a sharp pump, the price has formed a lower high and continues to break down with bearish momentum. A further drop could be triggered if $0.6600 fails to hold.
Trade Setup (SHORT):
Entry Price: $0.6620 – $0.6640
Target 1: $0.6550
Target 2: $0.6500
Target 3: $0.6450
Stop Loss: $0.6720
Why Short?
The price action shows signs of exhaustion following the breakout to $0.6796. Lower highs and consecutive red candles on the 1H chart indicate seller dominance. If price breaks below $0.6600, selling pressure may accelerate toward previous demand levels.
Risk Management Tip:
Place your stop above the $0.6720 resistance to guard against any fakeouts. Trail your stop once TP1 is hit to lock in profits.
Sell smart — don’t chase green candles when the trend is turning red!
Protect your capital, play the levels, and follow the trend down!
Sell and Trade here on $ADA