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Everyone is buying ADA at 0.1576—I just closed my long and flipped short.
$ADA /USDT - SHORT
Trade Plan:
Entry: 0.1567 – 0.1585
SL: 0.1664
TP1: 0.1510
TP2: 0.1466
TP3: 0.1400
Why this setup?
Why now? The 1D trend is bearish, and our 4h model is 95% confident for a short. RSI on the 15m is neutral at 48.1, giving room to drop. Entry at 0.1576 with TP1 at 0.1510 means a 4.2% move before the first target—tight risk with a 0.1664 stop.
Debate:
Are you shorting this dip or waiting for a bounce to trap the bulls?