$ADA Pushing into the resistance zone, short with discipline
Short ADA trading plan (maximum 10x)
👉Entry: 0.2470 – 0.2490
SL: 0.2530
TP1: 0.2420
TP2: 0.2380
TP3: 0.2320
The price is pushing up to the 0.2470 – 0.2490 zone after a pullback from below. But don't get your hopes up, this zone is showing clear signs of resistance. The current movement looks sluggish, volume isn't explosive, and each candle is getting smaller.
Stop loss placed at 0.2530, a clean mark, above the resistance zone. If it gets swept, no regrets. If the price is rejected here, the targets 0.2420 => 0.2380 => 0.2320 are entirely feasible.
The distance from entry to stop loss is quite close (~1.6-2.4%). Suitable for a short-term short order. But it also means that even a slight wick is enough to wipe out the order. Enter small orders and set stop losses correctly.