Is ADA around 0.166 a bottom or a trap?



$ADA /USDT - LONG

Trading Plan:
Entry: 0.1658 – 0.1668
SL: 0.1597
TP1: 0.1713
TP2: 0.1746
TP3: 0.1796

Why focus on this structure?
- A LONG signal appears on the 4H timeframe with 84% confidence, and the EMA and RSI on the 15-minute chart have dropped to 23.26, indicating severe oversold conditions.
- The current price is 0.1663, close to the 1-hour support at 0.1658, providing clear room for a rebound.
- Why now? Low RSI + shrinking ATR suggest an imminent move, with TP1 set at 0.1713.

Discussion:
Will this move hit TP1 at 0.1713 first, or continue to drop to the stop loss at 0.1597?
ADA-7.05%
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