$ADA /USDT โ BEARISH TURN AFTER REJECTION ๐ฅ๐
๐ฐ Current Price: $0.6699
๐งญ Trend Bias: Bearish (Rejected from $0.71, below all major MAs)
โฐ Timeframe: 4H
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๐ Key Technical Levels:
Resistance Zones:
๐บ $0.6790 โ MA(7), immediate rejection area
๐บ $0.6875 โ MA(25), short-term resistance
๐บ $0.6936 โ MA(99), major resistance
๐บ $0.7100 โ 24H high / key breakout failure zone
Support Zones:
๐ป $0.6656 โ Intraday support
๐ป $0.6500 โ Psychological level + potential bounce zone
๐ป $0.6300 โ Strong support zone if sell-off deepens
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๐ Technical Indicators:
MACD: Bearish crossover confirmed
MAs: Price trading below MA(7), MA(25), and MA(99) โ clear downtrend
Volume: Spike in red volume โ indicating strong selling activity ๐ป
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โ๏ธ Trade Setup โ SHORT ENTRY:
Entry: $0.6700โ$0.6750
Stop Loss (SL): $0.6930 (above MA cluster)
Take Profit (TP):
๐ฏ TP1: $0.6650
๐ฏ TP2: $0.6500
๐ฏ TP3: $0.6300 (for extended move)
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๐ก๏ธ Risk Management:
๐งฎ Risk only 1โ2% per position
๐ Maintain Risk/Reward โฅ 2:1
๐ Move SL to breakeven after TP1 to secure the trade
๐ ADAโs fading momentum is the cue โ stay sharp, manage risk, and strike smart. ๐ง โ๏ธ
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