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Everyone is bearish on ADA—but the 4H chart just flashed an 84% LONG signal.
$ADA /USDT - LONG
Trade Plan:
Entry: 0.2074 – 0.2088
SL: 0.1991
TP1: 0.2149
TP2: 0.2194
TP3: 0.2262
Why this setup?
• RSI on 15M hit 29.67 (oversold) while 1H ATR is tight at 0.0029—compression often precedes expansion.
• Entry zone 0.2074-0.2088 with TP1 at 0.2149 (+3.3%) and TP2 at 0.2194 (+5.4%).
• Daily trend is bearish, but this is a counter-trend bounce play with high confidence—why now? Because oversold + low volatility = squeeze setup.
Debate:
Are you fading the daily downtrend for a quick scalp, or waiting for confirmation above 0.2088?