โ ๏ธ $ADA โ Rejected from Highs, Breakdown Short ๐
Trading Plan โ SHORT $ADA
ยท Entry: 0.4220โ0.4250
ยท SL: 0.4350
ยท TP1: 0.4100
ยท TP2: 0.4000
Analysis
$ADA at 0.4228 is trading near the 24H low (0.4211) after a sharp -8.43% decline, showing continued bearish momentum. The price has been rejected from the 24H high (0.4757) and is struggling to recover, indicating strong selling pressure.
A breakdown below 0.4211 should target 0.4100 โ 0.4000. Only a break above 0.4350 would invalidate the short setup. Look for bearish continuation signals on lower timeframes before entering.
ADAUSDT
Perp
0.4097
-2.63%