ADA bearish signal at 95%! Is this drop not over yet?



$ADA /USDT - SHORT

Trading plan:
Entry: 0.1581 – 0.1589
SL: 0.1623
TP1: 0.1556
TP2: 0.1537
TP3: 0.1509

Why focus on this structure?
- The 1-day trend is clearly bearish, with shorts dominating on the 4H timeframe.
- Current ADA is around 0.1585; the 15-minute RSI is only 34.03, indicating weakness continues.
- Key resistance is 0.1623. Before a breakout, shorts have the initiative, with TP1 targeting 0.1556.

Discussion:
Do you think this bearish move will directly hit TP2 at 0.1537, or will it first bounce to lure longs before dropping?
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
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
134Ceros
· 2h ago
The structure also supports a short, but 0.1585 hasn’t broken strongly yet—be careful of a retest of 0.1623 before the next drop.
View OriginalReply0
  • Pinned