Awesome but not relevant. You cant attempt the Hide action without first making yourself unseen. If you're adjacent to a creature and it's watching you, you cant Hide on your turn.
''You can't hide from a creature that can see you clearly.'' That's in the PHB.
A creature cant take the Hide action when a creature can see it clearly. As an adjacent creature, with a readied action to attack that wanna-be hider, clearly can clearly do.
It's true that you can't take the "Hide" action, but that doesn't mean you can't be Stealthy. Even if you're in plain sight, maybe you can "slip away without being noticed" as per the Stealth definition. Circumstances must be such that the character can do that, but in the heat of combat there's a lot of distraction, and maybe the lighting is dim, etc. There's precedent for that in the side-box on Hiding (PHB p. 177) : "under certain circumstances, the DM might allow you to stay hidden as you approach a creature that is distracted."
We've going back and forth on this during discussions among my group, and we think it boils down to this question?
Let's say a non-adjacent monster has an action prepared to do a ranged attack against any opponent that moves, and that you are currently unhidden and visible to that monster. Let's say you first tell the DM you'd like to be Stealthy, the DM determines the circumstances are appropriate for stealth and calls for a Stealth check, and then you start to move to a hiding place. So, the question is whether in this edge case the stealthy character would trigger a prepared action.
The argument for it is that the definition of Stealth specifically mentions "slipping away without being noticed". But, as I'm writing this, I'm become more persuaded back in your direction. The Hiding side-box makes it clear that the Unseen Attackers and Targets rule only applies "under certain circumstances". The stealthy character shouldn't be an Unseen Target until they're hidden, not just being Stealthy. So, I think it's the DM's call, falling under RAW's allocating the circumstances appropriate to hiding to the DM, but I think the FAQ should make that clear.
Now, I'm back to thinking Hiding and "being Stealthy" are the same thing (mostly due to that sentence in the Hiding side-box PHB p.177)