ADA is perched near a recent swing high, eyeing a breakout that could push it back into bullish territory.
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$ADA LONG ๐
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๐ Entry Range: $0.228172 โ $0.228628
๐ Stop Loss: $0.221548 (-3.0%)
๐ฏ TP1: $0.231826 (+1.5%)
๐ TP2: $0.239820 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 64%
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A market structure break paired with a confirming volume spike lit the CHoCH signal, while the fair value gap sits right under the emerging order block, creating a strong POI confluence.
A 3.0% stop is relatively tight, so keep leverage modest, around 2โ3ร.
Consider taking partial profit around the first target once price reaches the initial resistance zone.
Not financial advice โ trade only what you can afford to lose ๐
$ADA #ADAUSDT #SMC #TradingSignals #Write2Earn