ADAUSDT
Perp
0.2462
+0.73%
Bearish vibes on the 1-hour chart
Price got rejected at 0.3945
forming lower highs. Currently testing support at 0.3879–0.3859. Break below? Expect selling to pick up pace towards 0.3859
Candles show buying interest at 0.388 (long wicks), but weak bounces
Volume's telling us sellers are in control, tho signs of exhaustion near support
Short entry? Near 0.3945–0.3965 w/ bearish reversal pattern
or break below 0.3879 w/ volume
SL: 0.407 (3-5% above entry)
TP: 0.3859, maybe 0.382