$ADA /USDT (1H) - Supply Rejection Fade


Bias: Short

Entry (Zone): 0.2670 – 0.2725
Targets:
TP1: 0.2600
TP2: 0.2572
TP3: 0.2450
Stop Loss: 0.2840

Why this Setup:
I’m looking to fade this bounce because ADA is still trading inside a broader bearish structure and the pop into the 0.27 area is getting capped by overhead supply/MA pressure. Current price is around 0.2669, and the recent push higher didn’t show strong continuation, it looks more like a corrective bounce after the sharp drop. If price fails to reclaim and hold above 0.27–0.272, I expect a rotation back to the recent support area near 0.2600 first, then a retest of the prior swing low region around 0.2572. If that floor breaks, I’m targeting a deeper liquidity sweep toward 0.2450.
#Write2Earn #ADA #Futures
ADA-2,36%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)