$ADA GETS REJECTED AT $0.246 📉
Entry: $0.2455–$0.2460 🔻
Target: $0.2430 🎯
Stop Loss: $0.2490 🛡️
Sell the resistance test. Let liquidity get trapped above $0.2459, then press the downside while momentum stays weak. Watch for failed bounces and fading bids; that’s where sellers regain control and whales unload into strength. If $0.246 keeps rejecting, the path of least resistance points lower fast.
I’m bearish here because the move already stretched +2.8% and still can’t hold above resistance. That kind of hesitation usually signals distribution, not continuation. This setup matters because it offers a clean reaction point with a clear breakdown target.
Not financial advice. Manage your risk.
#ADA #Cardano #CryptoTrading #Altcoins #ShortSetup
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