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Most traders are still bullish on ADA—that’s exactly why I’m shorting it at 0.1587.
$ADA /USDT - SHORT
Trade Plan:
Entry: 0.1575 – 0.1599
SL: 0.1699
TP1: 0.1503
TP2: 0.1448
TP3: 0.1364
Why this setup?
1D trend is bearish with 95% confidence on a 4h timeframe. RSI on 15m is 59.04—not oversold, just stalling before the drop. Entry at 0.1587 targets TP1 0.1503 and TP2 0.1448. Why now? ATR volatility is low, meaning the breakdown will be swift and quiet.
Debate:
Is ADA about to flush to 0.1364, or will bears get trapped by a fakeout above 0.1599?