ADA Is Setting Up for a Trap? Watch This Level Closely

Apr 12

Yello Paradisers– is ADA walking straight into a trap at resistance? The current structure is raising red flags, and traders should stay sharp.

💎ADAUSDT is moving within an ascending channel, which often signals a potential loss of bullish momentum—especially when price approaches a strong resistance area. Right now, it’s nearing a major zone that’s reinforced by the 200 EMA, acting as dynamic resistance. On top of that, a clear bearish divergence is forming, which further increases the likelihood of a downside move.

💎If price sweeps the highs to take liquidity and then prints a bearish reversal pattern from this zone, it could offer a strong short opportunity with an attractive risk-to-reward setup. This is the type of trade setup that disciplined traders focus on.

💎However, if ADA breaks out above the resistance and closes a candle above the invalidation zone, the bearish thesis is off the table. In that case, it’s smarter to stay patient and wait for cleaner price action rather than reacting emotionally.

🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.

MyCryptoParadise
iFeel the success🌴

Apr 16

Trade closed: target reached

💎Boom! #ADAUSDT is doing just what we said. Down 10.17% and looking good!