Everyone is calling this range breakout, but the 1h data says otherwise.

$ADA /USDT - SHORT

Trade Plan:
Entry: 0.2101 – 0.2113
SL: 0.2161
TP1: 0.2066
TP2: 0.2039
TP3: 0.1999

Why this setup?
Why now? The 1h price sits at 0.2108 while the daily trend remains range-bound, setting up a clean short setup. The 15m RSI reads 61.34, confirming we are not yet overbought enough to reject a move lower. The 1h ATR of 0.002255 tells us the current volatility is compact, which often precedes a sharp expansion to the downside. The entry zone between 0.2101 and 0.2113 offers a tight risk window with the entry reference at 0.2107. The first target at 0.2066 and the second at 0.2039 align with the measured move from the range, while the invalidation level at 0.2124 is the absolute line in the sand.

Debate:
Are we cleanly hitting TP2 or is this range about to trap the shorts?

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