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#ADA
$ADA /USDT Short Trade Setup 🔥
💰 Current Price: $0.663
📉 Momentum Weakening After Rejection at Local Highs
📊 Key Levels:
Resistance: $0.6700 / $0.6770
Support: $0.6500 / $0.6400
🎯 Targets:
TP1: $0.6500
TP2: $0.6400
TP3: $0.6250
🛑 Stop Loss: $0.6750
📊 Market Insight:
Price showing lower highs, indicating a potential downtrend formation.
Failed breakout at $0.6770, leading to increased selling pressure.
If $0.6500 support breaks, expect further downside to $0.6400-$0.6250.
🔥 Pro Tip:
Look for short entries near $0.6650-$0.6700, with confirmation of rejection.
Monitor BTC and market sentiment – a broader sell-off could accelerate ADA’s drop.
Trail stop loss once TP1 is hit to lock in profits.
📢 Trade cautiously & manage risk! 🚀
#BTC
#GT
#GateLive