Why ADA just flashed the exact pattern that crushed longs last month.



$ADA /USDT - SHORT

Trade Plan:
Entry: 0.1725 – 0.1737
SL: 0.1788
TP1: 0.1688
TP2: 0.1659
TP3: 0.1616

Why this setup?
95% confidence SHORT signal armed on ADA, with bearish daily trend confirmed. RSI on 15m sits at 31.34—already oversold, yet no bounce yet. Entry zone 0.1725–0.1737 targets TP1 at 0.1688, TP2 at 0.1659. Why now? ATR shows momentum shrinking, meaning a breakdown is faster than a reversal.

Debate:
Are you shorting into 0.1659, or do you think the oversold RSI traps sellers first?
ADA-6.79%
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