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ADA bulls’ last chance to escape? 95% probability of falling through 0.16.
$ADA /USDT - SHORT sell
Trading plan:
Entry: 0.1659 – 0.1665
SL: 0.1691
TP1: 0.1640
TP2: 0.1625
TP3: 0.1603
Why focus on this structure?
- 4-hour timeframe: bearish control; RSI is only 45 and keeps weakening, with insufficient momentum.
- The daily trend is clearly bearish; 0.1662 is the key resistance level right now—any bounce is a shorting window.
- SL at 0.1691 gives a risk-reward ratio of over 3x, with manageable risk.
Discussion:
Is this wave a rush to bottom, or a bear trap followed by a pullback to 0.17?