📉 $ADA — Distribution Continues | Sell-the-Rally Bias

$ADA remains in a controlled distribution phase after failing to sustain acceptance above the 0.41–0.43 supply zone. Market structure continues to favor selling rallies, not anticipating a reversal.

📊 Trade Plan — SHORT

Entry Zone: 0.398 – 0.405

(Underside of broken range + corrective supply)

🛑 Stop Loss: 0.437

(Above last structural high & rejection wick — full invalidation)

🎯 Targets:

• 0.372

• 0.350

• 0.325

🔍 Technical Context

• Consistent lower highs & lower lows

• Bounces show weak follow-through and immediate selling

• Recent bounce from 0.384 looks like short-covering, not accumulation

• Acceptance below prior support confirms downside continuation

⚠️ Invalidation

This bearish thesis remains valid unless ADA reclaims and holds above 0.405–0.410 on a sustained 4H close.

A daily close above 0.437 would invalidate the distribution structure and require reassessment.

Bias: Defensive & risk-focused

Approach: Fade rallies until structure proves otherwise

Trade smart. Manage risk.

$ADA

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