$ADA : The Bounce is Fading – Get Ready for the Drop!
The recent
$ADA relief rally is hitting a brick wall. Looking at the price action, the "heavy" flow is back as supply starts pressing into the current momentum. Buyers who were defending the recent rebounds are looking increasingly exhausted, and the strength we saw earlier is being systematically faded.
The Logic:
Weak Follow-Through: Pushes higher are failing to hold, signaling a lack of buyer conviction.
Sellers Leaning In: Downside reactions are opening up "cleaner" and faster than the moves up.
Trend Continuation: The market structure favors a continuation lower as long as sellers remain active in this overhead supply zone.
🎯 The Setup
Direction: SHORT 🔴
Entry Zone: $0.290 – $0.302
Stop Loss: $0.320
Take Profit 1: $0.272
Take Profit 2: $0.254
Take Profit 3: $0.236
Risk Note: Always manage your leverage and keep an eye on BTC's overall market direction, as
$ADA tends to follow the broader sentiment closely.
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$ADA here 👇