ADA forming higher low at key support — accumulation setup?
🟢 $ADA - LONG
Trade Plan:
Current Price: ~0.1685
Entry Zone: 0.162 – 0.172
SL: 0.152
TP1: 0.188
TP2: 0.208
TP3: 0.235
ADA has been consolidating above a major daily demand zone after sweeping liquidity below 0.158. On the 4H chart, price is forming a higher low with gradually increasing volume. Open interest has ticked up slightly, suggesting accumulation rather than distribution. The higher low structure remains intact.
Can ADA bounce strongly from this key support zone?
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DYOR & manage risk!
$ADA