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Everyone’s still bullish on ADA – but the 4h chart just whispered something sinister.
$ADA /USDT - SHORT
Trade Plan:
Entry: 0.1698 – 0.1712
SL: 0.1773
TP1: 0.1654
TP2: 0.1620
TP3: 0.1570
Why this setup?
Why now? 1D trend is bearish, RSI on 15m sits at 48.9 (weak bounce). Entry at 0.1705, with TP1 at 0.1654 and TP2 at 0.1620. ATR is tight (0.002822), suggesting low volatility before a potential breakdown. The 95% confidence short signal is armed – not triggered. This is the calm before the drop.
Debate:
Is this the last exit before ADA slides to 0.1620, or will the bulls prove the data wrong?