Lingrid | ADAUSDT short from the RESISTANCE zone
2024-09-11

Overall,  BINANCE:ADAUSDT  appears bearish on the daily timeframe. However, it seems to be in a consolidation phase as the entire crypto market moves sideways. The price has established a range below the 0.35 resistance level, and I believe it may decline to retest the support areas. Additionally, the formation of a doji candle on the daily chart indicates a pause in the upward movement, despite the prevailing bearish trend. I expect the price to drop and enter a consolidation zone between 0.30 and 0.34, as the market seeks to find its footing. My target is support level at 0.3250


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻 