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ADA bulls’ last chance to escape?
$ADA /USDT - SHORT
Trading plan:
Entry: 0.1664 – 0.1670
SL: 0.1695
TP1: 0.1646
TP2: 0.1632
TP3: 0.1611
Why focus on this structure?
- The 1D trend is clearly bearish, and a SHORT signal on the 4H timeframe with 95% high confidence has already triggered.
- Current price 0.1667 is hugging the EMA; RSI (15m) is only 55.67, and the bounce lacks strength.
- Why now? Key support at 0.1662—once it breaks, TP1 at 0.1646 is just the starting point.
Discussion:
Will this move directly wick into TP3 at 0.1611, or will it first bounce to lure longs before dropping like a waterfall?