Most traders are still buying ADA, but the 4h chart just flashed a 95% confidence SHORT signal.



$ADA /USDT - SHORT

Trade Plan:
Entry: 0.1726 – 0.1738
SL: 0.1788
TP1: 0.1690
TP2: 0.1662
TP3: 0.1620

Why this setup?
Why now? The 1D trend is bearish, the 15m RSI is at 31.74 (oversold but still falling), and the 1h ATR is tight at 0.002343. Price is hugging the 0.1732 entry—this is a momentum breakdown setup, not a reversal. The primary targets are 0.1690 (TP1) and 0.1662 (TP2). The alt scenario is invalid above 0.1779.

Debate:
Will ADA slice through 0.1690 before the weekend, or is this a fakeout trap for shorts?
ADA-6.68%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned