Here’s a detailed post based on your ADX/USDT chart data:
$ADX /USDT BEARISH SETUP – PRICE FACING DOWNSIDE PRESSURE
The $ADX/USDT pair is currently trading at 0.0898 USDT, showing a decline of -3.44%. Recent price action indicates bearish momentum as the price struggles to hold above key support levels.
Important Levels:
Support: 0.0890 – crucial short-term support; a break below may trigger further downside.
Resistance: 0.0944 – recent 24h high, strong resistance to watch for any bullish reversal.
Current Price: 0.0898 USDT
Trade Setup:
Entry (Short): 0.0895 USDT – anticipating continuation of bearish pressure.
Take Profit (TP): 0.0850 USDT – first key support zone below.
Stop Loss (SL): 0.0930 USDT – just above recent resistance to limit risk.
Positive Guidance:
Market fluctuations are a normal part of trading. Stick to your strategy, manage risk wisely, and remember that every small step adds to your trading experience. Keep learning and moving forward!
If you want, I can also create a bullish alternative setup in case the market reverses above the resistance, so you’ll have both scenarios covered. Do you want me to do that?$ADX #zahracrypto
