Everyone is staring at the red wick on ENA, but the 0.69% stop-hunt below 0.1624 just trapped aggressive breakout shorts.
$ENA - LONG
Trade Plan:
Entry: 0.16180 – 0.16280
SL: 0.15880
TP1: 0.16640
TP2: 0.17150
TP3: 0.17900
Why this setup?
• The 0.69% intraday sweep below 0.16236 was a textbook stop-hunt, engineered to collect sell-side liquidity before confirming the 1h higher-low structure.
• RSI on the 15m sits at 44.80—coiling in neutral territory with plenty of fuel to drive the next expansion leg toward overhead supply.
• 1H ATR compressed at 0.00340 signals range contraction, putting TP1 at 0.16640 (+2.5%) well within reach on the very next momentum impulse.
• Invalidation anchored at 0.15880 cleanly guards against a structural failure, offering an asymmetric 1:2.8 risk-to-reward ratio into the 0.17150 liquidity pool.
Debate:
Are you locking in fast profits when 0.1664 sweeps, or holding size for the core range breakout at 0.1790?
Click here to Trade 👇
$MARSCOIN $ZEC #ZECHitsANewAllTimeHigh #LululemonTumbles20%OnWeakGuidance #USWeeklyInitialJoblessClaimsRiseTo206000 #BitcoinEthereumHitMultiMonthHighs #USAugustAvgHourlyEarningsRise3.1%
$ENA - LONG
Trade Plan:
Entry: 0.16180 – 0.16280
SL: 0.15880
TP1: 0.16640
TP2: 0.17150
TP3: 0.17900
Why this setup?
• The 0.69% intraday sweep below 0.16236 was a textbook stop-hunt, engineered to collect sell-side liquidity before confirming the 1h higher-low structure.
• RSI on the 15m sits at 44.80—coiling in neutral territory with plenty of fuel to drive the next expansion leg toward overhead supply.
• 1H ATR compressed at 0.00340 signals range contraction, putting TP1 at 0.16640 (+2.5%) well within reach on the very next momentum impulse.
• Invalidation anchored at 0.15880 cleanly guards against a structural failure, offering an asymmetric 1:2.8 risk-to-reward ratio into the 0.17150 liquidity pool.
Debate:
Are you locking in fast profits when 0.1664 sweeps, or holding size for the core range breakout at 0.1790?
Click here to Trade 👇
$MARSCOIN $ZEC #ZECHitsANewAllTimeHigh #LululemonTumbles20%OnWeakGuidance #USWeeklyInitialJoblessClaimsRiseTo206000 #BitcoinEthereumHitMultiMonthHighs #USAugustAvgHourlyEarningsRise3.1%
