- Cardano’s price action suggests a potential breakout as liquidity builds near key trendlines
- Market manipulation is in play—retail traders may be trapped before the next major move
- ADA’s reaction to supply and demand zones will determine whether the next move is bullish or bearish
In our last article, we discussed the dangerous trendline liquidity on the H1 timeframe—one that could have hurt retail traders expecting a straightforward move.
Instead, we anticipated a fake reaction and a stop-loss manipulation before the real price action unfolded.
And that’s exactly what happened.
Trendline Manipulation: What Just Happened?
If we zoom into the M15 timeframe, we can clearly see how price reacted at the trendline, luring in retail sellers before coming back up to sweep their stop losses.
Classic move.
Now, price has reacted to a key demand zone. But here’s the real question: Will it leave liquidity below?
What’s Next for Cardano?
- If liquidity remains below, the supply zone above becomes highly interesting.
- A move up could be in play, but we need confirmation—blind entries in manipulated markets are a recipe for disaster.
- Let’s not forget, nothing is 100% certain. The market moves in unpredictable ways, and even well-defined setups can fail.
Final Thoughts
We’re watching this carefully. If price leaves liquidity below, the supply zone could be an attractive level to watch for reactions.
But as always—trade smart, don’t get caught in retail traps.
