Short #ADA Entry: 0.269 – 0.271 SL: 0.294 TP: 0.258 - 0.245 - 0.230 Price continues to respect the long-term horizontal resistance while printing lower highs after each rebound attempt. Failure to reclaim the mid-range structure keeps control in sellers’ hands, opening room for further downside continuation toward the lower liquidity zone.
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$ADA – Repeated Rejection at Resistance, Structure Favors Short-Term Downside
Short #ADA
Entry: 0.269 – 0.271
SL: 0.294
TP: 0.258 - 0.245 - 0.230
Price continues to respect the long-term horizontal resistance while printing lower highs after each rebound attempt.
Failure to reclaim the mid-range structure keeps control in sellers’ hands, opening room for further downside continuation toward the lower liquidity zone.