Short $ADA : sellers need to hold 0.2083–0.2087 on the 4H.
Daily trend is down and the 4H sits under the EMA50. I'm watching this zone for a rejection, not a chase into oversold.
Why it's on my radar:
- 4H price 0.208 below EMA50 0.220, trend structure still favors sellers
- Daily below EMA200 0.231, the bigger trend is on this side
- 1H RSI 34: already oversold, not a drop to chase
🔴 SHORT · Entry 0.2083–0.2087 · TP 0.2070 / 0.2060 / 0.2044 · SL 0.2110
Rejection at the zone, or a push through 0.211?
NFA · DYOR
Daily trend is down and the 4H sits under the EMA50. I'm watching this zone for a rejection, not a chase into oversold.
Why it's on my radar:
- 4H price 0.208 below EMA50 0.220, trend structure still favors sellers
- Daily below EMA200 0.231, the bigger trend is on this side
- 1H RSI 34: already oversold, not a drop to chase
🔴 SHORT · Entry 0.2083–0.2087 · TP 0.2070 / 0.2060 / 0.2044 · SL 0.2110
Rejection at the zone, or a push through 0.211?
NFA · DYOR