ADA’s long/short battleground has arrived— is 0.1644 a trap or an opportunity?



$ADA /USDT - SHORT

Trading plan:
Entry: 0.1640 – 0.1648
SL: 0.1680
TP1: 0.1617
TP2: 0.1600
TP3: 0.1573

Why focus on this setup?
- The daily trend is clearly bearish. The 4-hour RSI has fallen to 44.48, and bearish momentum has not fully faded.
- The current entry point at 0.1644 is right at the 1-hour resistance. TP1 targets 0.1617 (-1.6%), with a risk-reward ratio close to 3:1.
- If 0.1640 support breaks, shorts accelerate to TP3 at 0.1573, with a stop-loss only at 0.1680 (+2.2%).

Discussion:
Do you think ADA will hit TP2 at 0.1600 first, or will it bounce to lure longs before falling again?
ADA-1.76%
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