Trade Idea: ADA SHORT

Opened 2026-04-09 08:51:01 · Valid until 2026-04-10 08:51:01 · Triggered 2026-04-09 08:53:01 · Closed 2026-04-09 15:41:01

How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.

SHORT CLOSED RR 1.80 Conf 75% Scalp hours

Entry

0.25100000

Stop

0.25500000

Targets

0.24500000 / 0.24200000 / 0.23900000

Live price

0.25646500

Live ROI

-2.18% vs entry

Idea ID

#10322

Now Entry Stop TP

Loading chart...

Thesis and checks

Cardano (ADA) shows a bearish setup across multiple timeframes suitable for a short scalp trade.

5m chart: Price is below the 20 EMA with bearish momentum and a recent bearish engulfing candle.
15m chart: RSI is below 50 and trending down, confirming short bias.
1h chart: Price broke below a key support level near 0.252, now acting as resistance.
Stop loss placed just above recent resistance at 0.255 to limit risk.
Targets set near recent lows to capture quick downside moves with a risk-reward ratio above 1.6.

Trade ideas are educational. Manage risk and position size.