📉 Trade Setup: $ADA /USDT (SHORT)
Direction: Bearish / Short
Strategy: Resistance Rejection / Momentum Play
📌 Entry Zone
Market Entry: 0.3511 – 0.3535
Ideal Entry: Near the upper bound (0.3535) for a better risk-to-reward ratio.
🎯 Take-Profit (TP) Targets
TP1: 0.3451 (Initial scaling point)
TP2: 0.3427 (Mid-term target)
TP3: 0.3379 (Final swing target)
🛡️ Risk Management
Stop Loss (SL): 0.3595
Risk/Reward Ratio: ~1:1.6 (at TP3)
Note: Move SL to Breakeven once TP1 is hit to secure the trade.
ADA
0.3736
+5.59%