$ADX USDT BEARISH SETUP – STRONG REJECTION FROM INTRADAY HIGH SHOWS SELL PRESSURE

ADX is currently trading at 0.0831, up 6.81%, but after a sharp spike to 0.0905 high, price faced strong rejection and is now trading below the 7 EMA (0.0835) and 25 EMA (0.0834), signalling short-term bearish momentum.

TRADE SETUP (SHORT):

Entry: 0.0832 – 0.0840

Targets (TP):

• TP1: 0.0810

• TP2: 0.0795

Stop Loss (SL): 0.0852

MARKET OUTLOOK:

ADX formed a pump-and-rejection pattern, showing sellers taking control after the parabolic move. If price fails to reclaim above 0.0845, it is likely to continue retracing towards the 0.0810 – 0.0795 support zones intraday.

Risk Management:

Always place strict SL and manage lot sizing to protect capital during volatile pullbacks.

#ADX #BearishSetup #CryptoTrading #MarketAnalysis #Altcoins

buy and trade here on $ADX