After the breakdown of the Broadening Wedge pattern, the price has finished its correction. Now, it is approaching the Order Block demand zone and forming a Bullish Hammer candlestick pattern. This is a strong signal for a long trade! 📈
📊 Trade Details:
Trade Type: Long (Swing Trade)
Entry Zone: $0.2560 – $0.2585 (Current price is a valid entry)
Take Profit 1: $0.2750 (Just below the FVG)
Take Profit 2: $0.2880 (Full FVG fill and local resistance)
Stop Loss: $0.2450 (Below the Order Block)
Note: Keep a close eye on the $0.2624 level. If the price clears this resistance with a strong 4-hour candle close, it confirms the push toward the FVG gap. However, if it fails to hold the $0.2520 level, the bullish setup is invalidated, and we might see a re-test of the $0.2400 lows.
Spot Buy 👉 ( $ADA )
( Future ) 👇 {future}(ADAUSDT) #ADA
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