🚨$ADA /USDT Technical Analysis🚨

📊The chart reveals a short-term bearish bias for ADA. The price has recently formed a lower high, suggesting potential weakness.

📉Short Entry: Consider a short position around the current price level of 0.7308.

🛑Stop Loss: Place a stop loss above the recent

high at 0.7693 to manage risk.

📈Long Entry: A long entry could be considered if the price breaks above the recent high and shows sustained strength.

🛑Stop Loss: For a long position, a stop loss below the recent low at 0.7225 would be prudent.

⚠️Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions.

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