🔥 BREAKOUT RETEST & BULLISH MOMENTUM! | ENA/USDT
$ENA (Ethena) is holding strong ground after a sharp momentum push, stabilizing right near the critical $0.196 structural pivot! On the 1H/4H timeframes, price action shows clear buyer dominance with a clean Market Structure Shift (MSS), leaving behind a prime bullish Order Block (OB) and Fair Value Gap (FVG) confluence just below $0.190. We are positioning for a continuation leg toward upper supply pools! 🚀
🔹 Trade Type: Intraday / Breakout Retest
🔹 Direction: Long (Buy)
🔹 Entry Zone: $0.188 – $0.198
🔹 Stop Loss (SL): $0.174 (Strict SL required)
🔹 Take Profit (TP):
• TP1: $0.225 (Local High Liquidity)
• TP2: $0.265 (Key Structural Resistance)
• TP3: $0.320 (HTF Expansion Target)
📌 Trade Logic: $ENA reclaimed the key $0.190 level on surging buyer volume. We are looking for a shallow retest into the 1H Order Block to absorb remaining sell orders before buyers initiate the next expansion wave toward overhead resistance at $0.265+.
⚠️ Risk Management: Maintain strict position sizing and do not risk more than 1-2% of your total capital per trade!
Are you longing $ENA
on this retest or waiting for a breakout past $0.22? Share your strategy below! 👇
#ENA #Ethena #CryptoTrading #BinanceSquare #Foreheadburns
💡 Suggestion: Wait for a solid 15m bullish candle rejection (pin bar or engulfing) inside the $0.188 – $0.198 entry zone to confirm buyer dominance before entering.
$ENA (Ethena) is holding strong ground after a sharp momentum push, stabilizing right near the critical $0.196 structural pivot! On the 1H/4H timeframes, price action shows clear buyer dominance with a clean Market Structure Shift (MSS), leaving behind a prime bullish Order Block (OB) and Fair Value Gap (FVG) confluence just below $0.190. We are positioning for a continuation leg toward upper supply pools! 🚀
🔹 Trade Type: Intraday / Breakout Retest
🔹 Direction: Long (Buy)
🔹 Entry Zone: $0.188 – $0.198
🔹 Stop Loss (SL): $0.174 (Strict SL required)
🔹 Take Profit (TP):
• TP1: $0.225 (Local High Liquidity)
• TP2: $0.265 (Key Structural Resistance)
• TP3: $0.320 (HTF Expansion Target)
📌 Trade Logic: $ENA reclaimed the key $0.190 level on surging buyer volume. We are looking for a shallow retest into the 1H Order Block to absorb remaining sell orders before buyers initiate the next expansion wave toward overhead resistance at $0.265+.
⚠️ Risk Management: Maintain strict position sizing and do not risk more than 1-2% of your total capital per trade!
Are you longing $ENA
on this retest or waiting for a breakout past $0.22? Share your strategy below! 👇
#ENA #Ethena #CryptoTrading #BinanceSquare #Foreheadburns
💡 Suggestion: Wait for a solid 15m bullish candle rejection (pin bar or engulfing) inside the $0.188 – $0.198 entry zone to confirm buyer dominance before entering.
