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Everyone is still bullish on ADA — that’s exactly why I’m shorting it at 0.1631.
$ADA /USDT - SHORT
Trade Plan:
Entry: 0.1628 – 0.1634
SL: 0.1663
TP1: 0.1607
TP2: 0.1591
TP3: 0.1567
Why this setup?
95% confidence SHORT with daily trend still bearish. RSI on 15m at 61.14 shows local strength but no breakout. Entry zone 0.1628–0.1634 with tight SL at 0.1663. Why now? ATR on 1h is tiny (0.001325) — low volatility traps late buyers before a flush to TP1 at 0.1607.
Debate:
Are you adding size here or waiting for a retest of 0.1655 first?