📉 $ADA /USDT Short Setup: Rejection at Resistance!

$ADA just faced a sharp rejection at the 0.2885 resistance level, forming a clear "Lower High" pattern on the 1H chart. With selling volume picking up and price struggling to hold the 0.2760 zone, the momentum is shifting bearish.

🎯 Trade Details:

Direction: SHORT 🔴

Entry: $0.2755 - $0.2765

Targets: $0.2715 | $0.2685 (Major Support)

Stop Loss: $0.2815 (Above recent swing high)

Leverage: 3x - 5x recommended.

Logic: Failed breakout and weakening buying pressure suggest a retest of the 24h low.

⚠️ Manage your risk. NFA.

#ADA #CryptoTrading #BinanceSquare #TechnicalAnalysis #TradingSignals

ADA
ADAUSDT
0.2626
-6.11%