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$ADA /USDT (Short‑Term Continuation) 📉
Trade Type: Sell
Entry: 0.804 USDT (latest futures mark price) Binance
SL: 0.825 USDT
TP 1: 0.760 USDT
TP 2: 0.720 USDT
(ADAUSDT)
(ADAUSDT)
Analysis:
ADA/USDT futures are trading near ~0.80 USDT. Recent price action indicates resistance at current levels with limited upward momentum.
Technical indicators on shorter timeframes suggest a bearish bias. Price has struggled to maintain gains above recent resistance, staying within a consolidation/downtrend structure.
The defined SL is above the nearest resistance. Take Profit levels are set at logical support zones observed in recent price movements. This setup favors a short-term sell continuation.
