$ADX USDT BEARISH REVERSAL AFTER SPIKE – SELLERS TAKE CONTROL ⚠️
$ADX USDT surged sharply to $0.0905 high but faced an immediate rejection, forming a strong upper wick. Currently trading at $0.0829, it shows signs of a bearish reversal as sellers overpower buyers near the peak.
🔥 Trade Setup (SHORT):
Entry Zone: $0.0835 – $0.0840
Targets (TP):
TP1: $0.0810
TP2: $0.0790
Stop Loss (SL): Above $0.0855
📊 Short Market Outlook:
Unless price breaks above $0.0855 resistance, ADX is expected to retest lower support levels due to strong rejection wicks, indicating fading bullish momentum.
⚠️ Risk Management Tip:
Avoid overexposure on volatile spikes. Use calculated lot sizes with 1-2% max capital risk per trade and wait for clean 5-15 min confirmations for quick scalps.
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