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ADA bulls' dream shattered? 4-hour chart hides a deadly signal
$ADA /USDT - Short SHORT
Trading Plan:
Entry: 0.1836 – 0.1848
SL: 0.1896
TP1: 0.1802
TP2: 0.1775
TP3: 0.1734
Why focus on this structure?
• Daily trend clearly bearish, 95% high confidence pointing to SHORT
• Currently 0.1842 is exactly the EMA resistance level, 15-minute RSI is only 50.7, rebound is weak
• Stop loss 0.1896, risk-reward ratio 1:3+, TP2 at 0.1775
Discussion:
Will this move hit TP2 first, or is it a bull trap?