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Most traders will miss ADA’s real move because they’re watching the daily chart.
$ADA /USDT - LONG
Trade Plan:
Entry: 0.1602 – 0.1624
SL: 0.1480
TP1: 0.1713
TP2: 0.1780
TP3: 0.1880
Why this setup?
The 1D trend is bearish, but the 4h signal just flipped LONG at 84% confidence. RSI on the 15m is 15.7—deeply oversold. ATR on the 1h is tight at 0.004278, meaning a squeeze is imminent. Entry zone is 0.1602–0.1624. Why now? The low timeframe is screaming reversal while the crowd is still bearish.
Debate:
Is this a fakeout bounce before a dump, or the start of a run to TP1 at 0.1713?