ADA bulls’ last line of defense finally broken?



$ADA /USDT - Short (SHORT)

Trading plan:
Entry: 0.1578 – 0.1586
SL: 0.1619
TP1: 0.1554
TP2: 0.1536
TP3: 0.1508

Why focus on this structure?
- On the 4-hour timeframe, the downtrend is clear, with the EMA pressured and shifting lower.
- On the 15-minute timeframe, RSI is only 31.08—oversold, but not reversed—high probability of further downside.
- The current price 0.1582 is right at the entry point, with TP1 at 0.1554 within reach.

Discussion:
Will 0.1554 be reached first this round, or will it wick straight down to 0.1508?
ADA0.74%
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