$ADA/USDT - SHORT🚨
Trade Plan:
Entry: 0.1403 – 0.1470
SL: 0.1560
TP1: 0.1340
TP2: 0.1280
TP3: 0.1200
Why this setup?
The daily chart shows a strong bearish distribution phase with the price sliding -6.72%. SuperTrend (0.1785) and Parabolic SAR (0.1807) are maintaining massive overhead resistance. While the fast RSI(6) is oversold at 16.15 near the local 0.1396 low, the steady influx of selling volume and flat MACD momentum confirm total seller dominance. Any short-term relief bounce will likely hit strong dynamic resistance and accelerate downward.
#ada #SKHynixADRListing #BTCFallsBelow200WeekMA #BTCBreaksBelowRainbowChartFloor #GoldDipsBelow$4000
ADAUSDT
Perp
0.1436
-1.10%