ADA/USDT 1H: Bulls Targeting $1.04 After Break of Structure!

ADA/USDT 1H Chart Analysis (SMC Principles)
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Current Price: $0.993

Market Structure:

• Bullish after recent Break of Structure (BOS) at $0.96.
  
• RSI: 51.3, neutral momentum with hidden bullish divergence indicating potential upside.
  

Key Levels:

• Support (Discount Zone): $0.94-$0.96 (accumulation zone).
  
• Targets:
  
• T1: $1.02 (Fair Value Gap - FVG fill).
  
• T2: $1.04 (Lower High sweep).
  
• Stop Loss: Below $0.965 (recent BOS).
  

Smart Money Activity:

• Liquidity sweep engineered at $0.96 to trap retail.
  
• Institutional accumulation visible, likely preparing for a move toward premium zones ($1.02-$1.04).
  
• Longer-term target at $1.12 for higher timeframe liquidity.
  

Trade Setup (Confidence Level: 8/10):

• Entry Zone: $0.991-$0.995
  
• Targets:
  
• T1: $1.02
  
• T2: $1.04
  
• Stop Loss: Below $0.965
  
• Risk Score: 7/10 (favorable R:R with clear invalidation).
  

Recommendation:

• Long position recommended in the $0.991-$0.995 range.
  
• Monitor volume at $1.02 for potential breakout confirmation toward $1.04.
  
• Maintain tight risk management in case of market volatility.
  
• Confidence Level: 8/10 for bullish continuation.
  

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