$ADA Facing Heavy Daily Resistance — Relief Bounce Fading 📉
Short Trade Signal (Scalping):
Entry 1: 0.3570 – 0.3600
Entry 2: 0.3640 – 0.3680
TP1: 0.3490
TP2: 0.3420
TP3: 0.3340
SL: 0.3720
Leverage: 20–40x (risk-managed)
Open Trade in Future👇🏻
{future}(ADAUSDT)
Spot Traders:
No spot buys at current price. Safer accumulation zones sit lower near 0.34 – 0.32, only after price stabilizes.
Why This Trade
On the daily timeframe, ADA is still in a clear downtrend, trading below major resistance and unable to reclaim previous breakdown levels. The broader structure remains bearish, with sellers defending every upside attempt.
The recent push from 0.349 → 0.358 is only a relief bounce, not a trend reversal. Price failed near the 0.361–0.365 supply zone, which has rejected multiple attempts already.
On the 1H chart, momentum is weak. Buyers are struggling to hold gains, and volume doesn’t support a sustainable breakout. This makes current levels attractive for short positions rather than chasing longs.
Until ADA reclaims and holds above 0.372, upside continuation remains low probability.
Key Levels
Resistance Zones:
• 0.360 – 0.368
• 0.372 (trend invalidation)
Support Zones:
• 0.349 – 0.342
• 0.334 (extended target)
Invalidation
If $ADA breaks and holds above 0.372, this short setup is invalidated and structure shifts.
Until then, the plan stays simple:
Sell resistance, don’t chase green candles.
Stay disciplined, manage risk properly — and remember,
if you’re not following Token Talk, you’re missing these structured setups before the move starts.
#ADA