Will ADA’s rebound be ending? The shorts have already locked in 0.1523.



$ADA /USDT - Short SHORT

Trading plan:
Entry: 0.1580 – 0.1586
SL: 0.1613
TP1: 0.1560
TP2: 0.1545
TP3: 0.1523

Why focus on this structure?
- On the 4H timeframe, the trend is clearly bearish; the 1D trend is also bearish, aligned in the same direction.
- The current price is around 0.1583, which is the shorts’ entry point. The RSI on 15m is 49, neutral but slightly low, with ample downside room.
- Why now? The EMA moving lines are clearly acting as resistance. The 0.1580–0.1586 zone is an ideal short area, with TP1 at 0.1560 very close.

Discussion:
Can this SHORT directly hit TP3 at 0.1523, or will it keep bouncing around near 0.1560?
ADA3.60%
View Original
post-image
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