$ADA USDT: Short Opportunity Alert!š„šÆ
Entry: $0.8700
Stop Loss: $0.8850
Take Profit 1: $0.8550
Take Profit 2: $0.8400
Analysis:
ā¢ Price is trading in a clear downtrend, respecting the descending structure.
ā¢ Bearish momentum increases as sellers dominate below the $0.88 resistance zone.
ā¢ A breakdown of $0.8650 confirms further downside potential.
Strategy:
ā¢ Enter short at $0.8700 with strict risk management.
ā¢ Trail your stop-loss below $0.8600 once Take Profit 1 is achieved.
ā¢ Hold a portion of the position for extended targets near $0.8400 for maximum reward.
Caution: Monitor volume closely, as low liquidity can trigger sudden reversals.