Is ADA’s RSI at 85 a top signal or a trap?

$ADA /USDT - Sell SHORT

Trading plan:
Entry: 0.1672 – 0.1680
SL: 0.1731
TP1: 0.1635
TP2: 0.1607
TP3: 0.1566

Why pay attention to this setup?
- The 4-hour timeframe trend is clearly bearish, and the 1D trend is also bearish—bearish signals stacked.
- The 15-minute RSI is as high as 85.04, severely overbought, with extreme near-term pullback pressure.
- The current price at 0.1676 is right around the EMA resistance zone—an accurate entry point.
- The stop loss at 0.1731 is set tightly, keeping risk controlled and the risk-reward ratio attractive.

Discussion:
For this SHORT, do we first look for TP1 at 0.1635, or do we go straight through to TP2 at 0.1607? Discuss your view in the comments.