On the 1h chart, $ENA latest candle printed a long upper wick touching the ~$0.22 level before pulling back to $0.2082. This confirms that profit-taking and strong sell pressure are piling up around the $0.218 – $0.224 resistance zone.
If you are looking to position for a short-term pullback, here is a structured trading plan:
– Entry Zone: $0.218 – $0.224
– Stop Loss: $0.230 – $0.232
– Targets: $0.197 | $0.175
⚠️ This is a counter-trend trade against strong momentum, keep position size small.
If you are looking to position for a short-term pullback, here is a structured trading plan:
– Entry Zone: $0.218 – $0.224
– Stop Loss: $0.230 – $0.232
– Targets: $0.197 | $0.175
⚠️ This is a counter-trend trade against strong momentum, keep position size small.
