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ADA bears are brewing — are you ready?
$ADA /USDT - SHORT
Trade Plan:
Entry: 0.1691 – 0.1699
SL: 0.1736
TP1: 0.1665
TP2: 0.1644
TP3: 0.1614
Why this setup?
- 4h timeframe confirms bearish trend, 1D trend is also bearish — aligned direction.
- RSI (15m) at 62.05, not yet overbought — room for further downside.
- Current price at 0.1695 is near the entry zone; TP1 at 0.1665, TP2 at 0.1644 — clear risk/reward ratio.
Discussion:
Do you think this short can hit TP2 directly, or will it bounce around 0.1665?