$ADA is moving into a key resistance zone where bullish momentum may be starting to weaken. ๐
Trading Plan โ SHORT $ADA
๐ Entry Zone: 0.242 โ 0.250
๐ Stop Loss: 0.265
๐ฏ TP1: 0.236
๐ฏ TP2: 0.222
๐ฏ TP3: 0.208
The recent rally is beginning to look stretched as price trades deeper into a major supply area. Upside momentum is slowing, while sellers appear to be stepping in near local highs. If resistance continues to hold, a rejection from this region could trigger a broader corrective move to the downside.
Trade $ADA here ๐ $BANANAS31
#ada
Trading Plan โ SHORT $ADA
๐ Entry Zone: 0.242 โ 0.250
๐ Stop Loss: 0.265
๐ฏ TP1: 0.236
๐ฏ TP2: 0.222
๐ฏ TP3: 0.208
The recent rally is beginning to look stretched as price trades deeper into a major supply area. Upside momentum is slowing, while sellers appear to be stepping in near local highs. If resistance continues to hold, a rejection from this region could trigger a broader corrective move to the downside.
Trade $ADA here ๐ $BANANAS31
#ada