$ADA Today's Pro Trading Plan: ADA/USDT - May 9, 2025
1. Primary Bias & Setup:
Bullish intraday bias, targeting a liquidity sweep above 0.7755 (24h high) for trend continuation. Price holds above MA20 (0.6933) and retests the 0.7561 pivot, aligning with strong volume-driven momentum. Focus on breakout scalps above 0.7700.
2. Entry Zone:
• Aggressive: 0.7520–0.7600 (pullback into FVG from pre-session gap).
• Conservative: Break & close above 0.7700 (confirms bullish intent).
3. Stop Loss Placement:
• Below 0.7430 (swing low/Wyckoff spring zone) for aggressive entries.
• Below 0.7550 for breakout entries (invalidates immediate upside).
4. Risk/Reward Ratio 1:3.5 (SL: 0.7430; TP1: 0.7755, TP2: 0.7854, TP3: 0.8000).
5. Profit Targets:
• TP1: 0.7755 (24h high/liquidation cluster).
• TP2: 0.7854 (MA200 confluence, partial exit).
• TP3: 0.8000 (psychological resistance, full exit).
6. Market Sentiment:
Bullish momentum (7% surge, 239M ADA vol) suggests accumulation. RSI divergence absent; bid liquidity clusters at 0.7500–0.7600. Watch for exhaustion above 0.7755 (vol drop = profit-taking signal).
7. Invalidation Plan & Contingency Setup:
• Invalidation: Close below 0.7430 triggers short with SL 0.7550.
• Short Targets: 0.7250 (MA20 retest), 0.6986 (24h low), 0.6723 (swing low).
• Confluence: Bearish volume spike below 0.7400 confirms reversal.
Execution Note: Prioritize TP1 exits on first touch of 0.7755 (liquidity grab likely). Adjust TP2/TP3 dynamically via 15m order flow. Monitor USDT vol for divergence against ADA vol to gauge sustainability.