$ADA /USDT Short Opportunity!š„šÆ
Analysis:
The $ADA /USDT pair is trading within a descending price channel, with continued bearish momentum. A breakout below $0.857 signals further downside potential, aligning with the broader trend.
Entry:
Sell at $0.854 once price confirms below the channel support.
Take Profit (TP):
ā¢ TP1: $0.845
ā¢ TP2: $0.835
Stop Loss (SL):
Place SL above the immediate resistance at $0.865.
Key Notes:
ā¢ Watch for strong volume at the breakdown.
ā¢ Manage your position if ADA reclaims $0.860 decisively.
ā¢ Short-term traders should aim for quick profits at TP1.
This setup aligns with the ongoing trend. Stick to the plan and keep emotions in check.