🔴 Short $ADA

Entry: 0.394 – 0.40
SL: 0.404
TP: 0.385 → 0.378 → 0.3737

$ADA is currently exhibiting sideways price action, with indications of potential downside movement following a brief recovery.

A significant resistance level is identified around the 0.403 zone. Should the price approach this area, it is anticipated to face strong rejection, supported by an estimated $20M in limit short orders stacked at this resistance.

Consider monitoring this $ADA trading setup. 📉