🚨 $ADA with Sharp Drop forming Bearish Pattern on chart, Clean and Clear DownTrend.
Entry: 0.2680 – 0.2730
SL: 0.2800
TP1: 0.2600
TP2: 0.2550
TP3: 0.2520
$ADA is respecting a clear descending channel on the 1H timeframe, with price currently retesting the upper boundary as resistance. The bounce into 0.272–0.275 zone lacks strength and aligns with prior supply. As long as price remains capped below 0.280, the structure favors continuation to the downside, targeting lower liquidity zones near 0.255 and 0.252
Trade short on $ADA here 👇
ADAUSDT
Perp
0.2741
-1.79%