Price is moving within a narrow range inside a local demand zone between 0.1755 and 0.1770, with attempts to absorb the remaining selling pressure.
Trading activity shows signs of a potential accumulation of liquidity and buying in this area, which could pave the way for a strong upward move toward the liquidity level at 0.1830.
Momentum indicators on lower timeframes also point to an improving market structure, as sellers’ ability to defend higher levels declines.
🤔 Will you enter before the breakout, or wait for confirmation and a retest of the zone?
⚠️ This is not investment advice. Always manage your risk and use a stop-loss.
🏷️ #$ADA
#SmartMoney #HotCPIDecemberHikePriced
Trading activity shows signs of a potential accumulation of liquidity and buying in this area, which could pave the way for a strong upward move toward the liquidity level at 0.1830.
Momentum indicators on lower timeframes also point to an improving market structure, as sellers’ ability to defend higher levels declines.
🤔 Will you enter before the breakout, or wait for confirmation and a retest of the zone?
⚠️ This is not investment advice. Always manage your risk and use a stop-loss.
🏷️ #$ADA
#SmartMoney #HotCPIDecemberHikePriced
