🟢 1. Market Structure & Context
ADA made a strong impulse move from the $0.608–0.625 demand zone, breaking multiple CHoCHs and rallying up to $0.7458, where an Equal High (EQH) formed—indicating liquidity resting above.
After that, a series of CHoCHs down and a clear BOS shifted the trend bearish. Price rebalanced within the $0.715–0.730 supply zone before dumping to the $0.650–0.670 region. Buyers reappeared at that level, triggering a recovery that’s now testing the mid-zone around $0.690–0.700.
🟢 2. Key Zones
- Resistance $0.715–0.730: Sell zone and rebalancing area.
- EQH $0.7458: Weak high, potential liquidation point.
- Support $0.650–0.670: Bullish reaction zone, local demand.
- Major Demand $0.608–0.625: Origin of the previous bullish impulse.
- Retest Zone $0.690–0.700: Currently under bullish test from below.
🟢 3. Volume & Indicators
- Strong buy volume confirmed breakout over $0.690.
- Sellers became aggressive around $0.715–0.730 zone.
- Buyer volume spiked near $0.650, indicating major interest.
- RSI Bullish Divergence ("H Bull") supports a rebound thesis.
🟢 4. Technical Signals
- CHoCH ➝ BOS ➝ CHoCH: Confirms downtrend, but bounce suggests possible reversal.
- RSI H Bull: Bullish divergence at the low, positive momentum shift.
- Retest from below: A critical area that needs reclaiming for continuation upward.
🟢 5. Scenarios
- Bullish:
If price holds above $0.690 and flips $0.700, expect a rally toward $0.715, then a breakout toward $0.7458 (EQH). If that breaks, extended upside to $0.760–0.780 is possible.
- Bearish:
A rejection below $0.690 and break under $0.680 may send price back to $0.650, with deeper targets at $0.608–0.625 if demand fails.
🟢 6. Trade Ideas
- Long Setup: Entry above $0.700 with strong volume; targets: $0.715 / $0.745 / $0.760
- Short Setup: Entry on rejection at $0.715–0.730; targets: $0.690 / $0.670
- Stops: Below $0.680 (long) or above $0.730 (short)
buy it for sure ‼️‼️