ADA bulls’ final line of defense—4-hour level has already been broken



$ADA /USDT - SHORT to sell

Trading plan:
Entry: 0.1621 – 0.1629
SL: 0.1667
TP1: 0.1594
TP2: 0.1573
TP3: 0.1542

Why focus on this structure?
- 15-minute RSI is only 28.19, accelerated sell-off in the oversold zone; rebounds lack strength.
- 4-hour EMA is in a bearish configuration, with the 1D trend clearly pointing down; obvious signs of the main players controlling the market.
- The current area around 0.1625 is a dense LONG stop-loss zone; once it breaks 0.1621, it will trigger a cascade of sell pressure.
- Why now? RSI divergence failure + ATR volatility expansion—bearish momentum is being released.

Discussion:
Will this drop directly hit TP1 at 0.1594, or is it better to first see a rebound to lure longs before killing the move?
ADA-1.67%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned