Publikovat
$ADA _ SHORT
Entry: 0.2440 - 0.2480
TP: 0.2250
SL: 0.2660
Reason:
The price is showing a strong bearish trend after failing to hold above the 0.2520 resistance level. On the 4H chart, the price is currently trading below the EMA5, EMA10, and EMA20, which indicates strong downward momentum. Additionally, the MACD shows a bearish crossover with increasing red histograms, suggesting that the sellers are in control and the price is likely to test the next support zone near 0.2250.
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