ADA's looking ripe for a short, just broke market structure and volume's confirming the move. We've got a clear path down with a few key levels to watch.
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🔴 $ADA SHORT 📉
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📍 Entry Range: $0.165734 – $0.166066
🛑 Stop Loss: $0.170877 (-3.0%)
🎯 TP1: $0.163411 (+1.5%)
🏆 TP2: $0.157605 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 94%
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The CHoCH signal fired on the break, and CVD is backing it up - this thing's got legs. FVG and OB are overlapping, creating a nice POI confluence, and that liquidity sweep just sealed the deal. OB and FVG are also hinting at a bigger move, so I'm liking the odds here.
3.0% SL feels about right, not too tight, not too wide - should fit with 2-3x leverage and still give us room to breathe.
Might look to take some profit at TP1, don't want to get greedy and let a winner turn into a loser - partial profits can be a beautiful thing
Not financial advice — always manage your own risk 🙏
#ADAUSDT $ADA #SMC #Write2Earn #Binance