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Everyone is bullish on ADA — that’s exactly why I’m shorting it right now.
$ADA /USDT - SHORT
Trade Plan:
Entry: 0.1713 – 0.1723
SL: 0.1770
TP1: 0.1679
TP2: 0.1653
TP3: 0.1615
Why this setup?
• 95% confidence SHORT signal with a bearish 1-day trend.• RSI on 15m is 38.36, already in oversold territory — but momentum is still down.• Entry at 0.1718, with TP1 at 0.1679 and TP2 at 0.1653 — clear downside targets.
Debate:
Is the crowd’s optimism blinding them to the 4h breakdown, or is this the bottom before a reversal?