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Most traders are still buying ADA at 0.1621—but the 4h chart just flashed a 95% SHORT signal.
$ADA /USDT - SHORT
Trade Plan:
Entry: 0.1617 – 0.1625
SL: 0.1658
TP1: 0.1593
TP2: 0.1575
TP3: 0.1547
Why this setup?
Why now? The 1D trend is bearish, and RSI on the 15m is only 53.76—no momentum to reverse. With ATR at 0.001542, a move to TP1 (0.1593) is a clean 1.7% drop before the macro trend resumes. The alt scenario is invalid unless 0.1712 breaks—it won’t.
Debate:
Are you shorting ADA here, or waiting for a dead cat bounce to 0.1625 first?