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Everyone is bullish on ADA, but the 1D trend is screaming bearish—why is no one talking about this?
$ADA /USDT - SHORT
Trade Plan:
Entry: 0.1752 – 0.1762
SL: 0.1809
TP1: 0.1718
TP2: 0.1692
TP3: 0.1653
Why this setup?
- 15m RSI at 82.09 indicates overbought exhaustion, a classic reversal signal on the 4h timeframe.
- Current price 0.1757 aligns with our entry zone; a drop below 0.1750 invalidates the setup, but we target TP1 at 0.1718 and TP2 at 0.1692.
- 1h ATR of 0.002157 shows tight volatility—breakout momentum is building for a SHORT move.
Debate:
Are you fading the FOMO on ADA or riding the dump to TP2?