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ADA long-short battle: who is secretly accumulating?
$ADA /USDT - LONG
Trading Plan:
Entry: 0.1659 – 0.1669
SL: 0.1605
TP1: 0.1708
TP2: 0.1737
TP3: 0.1781
Why focus on this structure?
- 4H chart gives LONG signal with 84% high confidence, but the 1D trend remains bearish.
- Current price around 0.1664, 15-minute RSI at 37.55, high rebound potential from oversold zone.
- Key support at 0.1659, if held, first target TP1=0.1708, second target TP2=0.1737.
- Why now? Short-term oversold + signs of smart money entry, wait for confirmation before entering.
Discussion:
Will this wave reach TP2 first, or is it a bull trap?