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Most traders still think ADA is bottoming—here’s why the 4h chart says otherwise.
$ADA /USDT - SHORT
Trade Plan:
Entry: 0.1613 – 0.1625
SL: 0.1681
TP1: 0.1572
TP2: 0.1541
TP3: 0.1495
Why this setup?
• 95% confidence SHORT signal armed on $ADA /USDT with entry at 0.1619—tight range shows consolidation before breakdown.
• 1D trend remains bearish; RSI on 15m at 48.18 shows no oversold relief for a bounce.
• TP1 at 0.1572 and TP2 at 0.1541 are within 1h ATR of 0.002593—meaning momentum is primed for a quick drop.
• Why now? Entry is live, status “Armed”—the setup is active, not hypothetical.
Debate:
Are you shorting this dip to 0.1495, or waiting for a fakeout above 0.1625?