ADA Bearish Divergence

Support Levels: 0.7229 (recent low, first target for a drop).
0.5056 (deeper support, longer-term target).

Resistance: 0.9401 (recent high, potential stop loss level).

Trade Setup:
Target 1: 0.7229 (short-term, ~25% drop).
Target 2: 0.6716 (long-term, ~50% drop if bearish trend strengthens).

Stop Loss: 0.9401 (above recent high, ~25% above current price).

RSI Analysis: The RSI shows a bullish divergence (price making lower lows while RSI makes higher lows), suggesting potential upward momentum. Current RSI is around 57.33, nearing overbought territory (>70), so caution is advised.

Trade active

+3.40% PROFIT

4 days ago

Note

TP 1 Filled

+14.10% PROFIT

AltcoinPiooners

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AltcoinPiooners

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