ADA bears have targeted 0.1648—will the rebound be a trap?



$ADA /USDT - SHORT sell

Trading plan:
Entry: 0.1648 – 0.1656
SL: 0.1690
TP1: 0.1623
TP2: 0.1604
TP3: 0.1575

Why focus on this structure?
• 4-hour timeframe bearish signal: an EMA death cross is imminent, and the 15-minute RSI is only 44.99—any rebound lacks strength.• Key level: enter directly around 0.1652, set SL at 0.1690, and TP1 at 0.1623.• Why now? The 1-day trend is clearly bearish, with a 95% confidence level for the short; above 0.1663, the setup has already failed.

Discussion:
Will this leg of the bearish move hit TP2 at 0.1604 first, or will it lure with a push to 0.1656 and then explode higher?
ADA4.52%
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