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Everyone is bullish on ADA—here’s why I’m betting against the crowd.
$ADA /USDT - SHORT
Trade Plan:
Entry: 0.1760 – 0.1774
SL: 0.1831
TP1: 0.1719
TP2: 0.1687
TP3: 0.1639
Why this setup?
• 4h chart shows a 95% confidence SHORT signal, with RSI on 15m at 31.42—already oversold but still dropping.
• 1D trend is bearish, and price just hit our entry at 0.1767 with immediate resistance at 0.1779.
• Why now? ATR on 1h is tight at 0.002671, suggesting a breakout is imminent—and probabilities favor the downside toward TP1 at 0.1719.
Debate:
Are you buying this dip or waiting for the sub-0.17 trap?