$ADA is bleeding out as buyers fail to defend key psychological levels, leaving the door open for a deeper correction.

​Short $ADA

Entry: 0.2612 – 0.2680

SL: 0.2780

TP1: 0.2450

TP2: 0.2320

TP3: 0.2200

​Upside attempts are being met with aggressive selling as the market structure continues to print lower highs and lower lows. The recent break below the local consolidation zone suggests that the previous support has now flipped into a formidable resistance. The flow is dominated by distribution, and as long as price remains pinned under the overhead supply, the path of least resistance points toward a retest of the recent swing lows near 0.2205.

​Trade here 👇

ADA
ADAUSDT
0.2705
+1.04%

$RIVER $PIPPIN #SmartMoneyMoves