I was asked to consider $ADA , so here it is:
On 1W, it is clear that it has entered the 0.5 zone, but there is still an unfilled imbalance at 0.7-0.6599.
Also, there is an even broader imbalance below.
On 1D, we see a downward movement.
My verdict: this week the price will fill the imbalance at 0.7-0.65, after which we need to wait for a change in character to open long positions.
At the moment, I am considering a short position down to the level of 0.77 with a stop at the level of 1.00-1.05