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Most traders are still bullish on ADA — that’s exactly why we’re shorting it.
$ADA /USDT - SHORT
Trade Plan:
Entry: 0.1686 – 0.1700
SL: 0.1756
TP1: 0.1645
TP2: 0.1614
TP3: 0.1566
Why this setup?
• 1D trend is bearish with 95% confidence on the SHORT side.
• RSI on 15m is 63.67 — still room to drop from 0.1693.
• Entry zone: 0.1686–0.1700. TP1 at 0.1645, TP2 at 0.1614.
• Why now? Price is rejecting resistance with momentum fading.
Debate:
Are you shorting ADA at 0.1693 or waiting for a bounce to 0.1700?