# Rejection

790.26K
$ADA ‌ REJECTED AT RESISTANCE BEARISH STRUCTURE INTACT 🔥
Entry: 0.1865-0.1900 🔥
Target: 0.1800, 0.1735, 0.1664 🚀
Stop Loss: 0.1992 ⚠️
Clear rejection from the 0.19 area confirms that sellers are defending the breakout zone. The price remains below 0.1992, and the last candle on the 4-hour timeframe closed with a long upper wick – a classic pattern for liquidity hunting. Momentum is turning bearish with increasing volume near the rejection point.
Do you expect this structure to break downward, or is it a trap before another upward wave?
Not financial advice. Always manage your risk.
#ADA #
ADA-4.08%
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Mariam211:
Hold tight 💪
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