short Position on ADA USDT

January 9, 2025

Ticker: ADA USDT

Position: short

Entry: 0.9304 / Stop Loss: 0.9661 / Take Profit: 0.884

P&L: 850 USD

Reasons for taking the trade

ADA had been on a downtrend for 2 days. The price was breaking below an accumulation zone and moving towards bigger liquidities around 0.88.