Everyone loves ADA until the 4h chart screams reversal—ADA is about to test your conviction.



$ADA /USDT - SHORT

Trade Plan:
Entry: 0.1506 – 0.1516
SL: 0.1555
TP1: 0.1478
TP2: 0.1456
TP3: 0.1423

Why this setup?
Why now? The 1D trend is bearish, and our SHORT bias has 95% confidence. RSI on the 15m is already 66.85—overbought on a micro timeframe within a larger downtrend. Entry at 0.1511 with TP1 at 0.1478 and TP2 at 0.1456 means a 2-3% drop is primed. The 1h ATR is tight (0.001833), so volatility is compressed—breakouts are explosive.

Debate:
Are you shorting the 0.1511 level or waiting for a fakeout above 0.1516 first?
ADA4.44%
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