$ADA Scalp trade🔥🔥
🟢Entry: 0.6837 - 0.6620
🎯Targets: 0.6940, 0.7150, 0.7600
#BinanceSquareTalks #BinanceMegadrop
⛔Stop Loss: 0.6500 (Only if a 15-minute candle closes below)
⛔Scalp trade you can take now and when you hit 1st tp end 50 percent of your profit
Risk Management: Use only 1-2% of your funds
💹Market Analysis (Based on Chart):
1. Price Action: Currently in a downtrend but might be forming a support zone.
2. EMA (21): The price is below this moving average, meaning a breakout above would be bullish.
3. RSI (14): At 35.67, close to oversold, indicating a potential bounce.
4. MACD: Slightly bearish but flattening out, signaling possible momentum shift.
💯Scalp Strategy & Reward Setup:
Quick Entry & Exit: Since this is a scalp trade, profits should be taken quickly at each target level.
Trailing Stop: To lock in profits, adjust your stop loss to breakeven once the price hits the first target (0.6940).
Volume Confirmation: Enter only if buying volume increases near the entry levels.
If you are doing in Future
⚠️ Risk Warning: Using 2-4x leverage can lead to liquidation if the price moves against you. Only risk what you can afford to lose.