short strategy for $ADA (Cardano) considering events and technical analysis:
🟢 Long scenario (play from fear):
• Entry: $0.59–0.61
• Target: $0.65–0.69
• Stop: $0.572
• Reason: possible rebound after fear surrounding the Hoskinson proposal.
🔴 Short scenario (on fake growth):
• Entry: $0.685–0.695
• Target: $0.62
• Stop: $0.71
• Reason: weak reaction to news, no volume.
🟡 Positional idea (medium term):
• Break $0.70 → growth potential to $0.78, if voting/news is positive.
📌 Main point: currently ADA is in a volatility phase. Buy fear with a short stop or shorts with confirmation of weakness on the rise.