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Trade Idea: ADA SHORT

Opened 2025-10-12 09:10:51 · Valid until 2025-10-13 09:10:51 · Closed 2025-10-12 12:27:01
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 PENDING RR 2.50 Conf 75% Scalp hours
Entry 0.64100000
Stop 0.64500000
TP 0.63500000 / 0.63000000 / 0.62500000
Live 0.63888700
ROI 0.33% (vs entry)

Thesis and checks

The market shows a bearish trend for Cardano (ADA) with a significant 24h change of -5.7173%. Analyzing the 5m, 15m, and 1h charts reveals strong confluence for a short position.

  • The 1h chart indicates a resistance level at approximately $0.645, which aligns with the recent price action and serves as a suitable stop-loss.
  • The 15m chart shows a bearish divergence, suggesting that the current price may struggle to maintain upward momentum, reinforcing the short opportunity.

Trade ideas are educational. Manage risk and position size.