Trade Setup set the limit

$ADA

Direction: Long

Entry Price: $0.855

$ADA

Stoploss: $0.835 (below demand & liquidity sweep zone)

Target(s):

T1: $0.895 (≈1:2 R:R)

T2 (Optional): $0.920 (next intraday supply zone)

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Reason for the Trade

1. Demand Zone & Liquidity Grab

ADA recently dipped into the $0.85–$0.86 demand zone, sweeping liquidity under equal lows.

Smart Money often hunts these stops before reversing → confirms a liquidity grab.

2. Market Structure (SMC)

After the sweep, ADA showed a CHOCH (Change of Character) on 15m/1h chart, flipping short-term structure bullish.

This implies demand is now in control, favoring longs from the zone.

3. Fair Value Gap (FVG) & Imbalance

A small FVG exists between $0.855–$0.87.

Entry at $0.855 allows us to catch the retrace into this imbalance before expansion higher.

4. Trendline & Intraday Context

ADA is holding above a short-term ascending trendline support.

Confluence with the demand zone makes this a high-probability bounce setup.

5. Risk–Reward Balance

Risk = $0.02 (0.855 → 0.835)

Reward = $0.04 (0.855 → 0.895)

1:2 R:R satisfied on first target, with possible extension to $0.92 supply.

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✅ Summary Table

Component Value

Direction Long

Entry Price $0.855

Stoploss $0.835

Target 1 $0.895 (1:2 RR)

Target 2 $0.920 (optional extension)

Reason Liquidity grab at $0.85 zone, BOS/CHOCH to upside, FVG retest entry, trendline + demand zone confluence