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Is this the last escape chance for ADA bulls?
$ADA /USDT - Short / Sell
Trading Plan:
Entry: 0.1660 – 0.1670
SL: 0.1709
TP1: 0.1632
TP2: 0.1610
TP3: 0.1577
Why focus on this structure?
- The daily trend is clearly bearish; the 4h SHORT signal has 95% confidence
- The current price 0.1665 is near the EMA resistance, and the 1h ATR is only 0.0018, with volatility tightening
- RSI on the 15m timeframe is 45.35—weak momentum; rebounds lack strength, and TP1 directly targets 0.1632
Discussion:
Is 0.1665 the starting point for the bears, or a “bottom-fishing trap” for the bulls?