🔵 $ADA Trade – Bearish Continuation Structure
$ADA has confirmed a breakdown below the 0.257 support and is now trading near 0.254 after printing a fresh intraday low at 0.2539. Price remains below all major EMAs, keeping sellers firmly in control.
📊 Market Structure (15m)
• Clear lower highs & lower lows
• Strong rejection from EMA 99
• Breakdown below 0.257 horizontal support
• Price below EMA 7 / 25 / 99 (bearish alignment)
• Weak bounce, no strong volume reversal
📌 Key Levels
• Resistance: 0.2565 – 0.2580
• Immediate Support: 0.2535
• Next Support: 0.2500
🎯 Trade Setup (Single High-Probability Entry)
🔴 Short Entry: 0.2560 – 0.2570
🔴 Stop Loss: 0.2595
🎯 Take Profit: 0.2515
🧠 Reasoning:
Breakdown + EMA resistance confluence. Current move looks like a minor relief bounce after a sharp drop. Until ADA reclaims 0.259 with strength, rallies are likely to face selling pressure.
⚠️ Setup invalid if 15m candle closes above 0.2595
💬 Continuation toward 0.250 or bounce incoming? Share your view 👇
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