$ADA /USDT

🔹 Scalping Trade Setup (Bullish Bias)

Entry Point (EP): 0.7555 (current market price)

🎯 Take Profit Levels:

TP1: 0.7585 (lower resistance zone + near mid-Bollinger Band)

TP2: 0.7615 (next resistance and Bollinger Upper Band)

TP3: 0.7640 (recent local high area)

🛑 Stop Loss (SL):

SL: 0.7515 (just below the Bollinger Lower Band at 0.7523, allowing minor wick-outs)

📊 Risk-Reward Analysis

Let’s use a 1:1.5 to 1:2 RR ratio, ideal for scalping:

Risk (per trade): 0.7555 - 0.7515 = 0.0040 (40 pips)

Reward:

TP1: 0.7585 - 0.7555 = 0.0030 (Not ideal RR, quick scalp)

TP2: 0.7615 - 0.7555 = 0.0060 → RR = 1.5

TP3: 0.7640 - 0.7555 = 0.0085 → RR = 2.1

=

📌 Technical Indicators Summary (from chart):

RSI(6): 46.35 → Neutral to slightly oversold

RSI(12): 49.00 → Neutral

RSI(24): 51.95 → Slightly bullish

Bollinger Bands: Narrowing, potential breakout

#ada #ADABullish #cardano