ADA is still trading under a bearish structure on the daily timeframe. As long as the price stays below the key resistance zone, downside pressure may continue. Patience, proper risk management, and disciplined entries are the keys in futures trading. 📉⚡
📊 Current Trend: Bearish
The price is still following a lower high + lower low structure on the daily timeframe. The Supertrend indicator is also showing a bearish signal.
🎯 Important Support: • 0.2357 zone
If this level breaks, more downside movement may occur.
🚧 Resistance Zone: • 0.2560 – 0.2680
ADA needs to reclaim this zone for strong bullish confirmation.
Futures Trade Setup ⚡
✅ Preferred Position: Short
📍 Entry Zone: 0.2440 – 0.2480
🎯 TP1: 0.2350
🎯 TP2: 0.2325
🎯 TP3: 0.2290
🛑 Stop Loss: 0.2515
Market View 💡
The market is showing a weak recovery, but the overall structure remains bearish. If Bitcoin stays weak, ADA may retest the support zone again.
