$ENA is at 89% of its 24h range overbought but still climbing.
Price is flirting with the 7 day high at $0.16550, and volume is 1.4x weekly average.
The last swing low at $0.14880 is 9% below tight stop, low risk.
1h RSI at 70 says momentum is stretched, but price isnโt reversing yet.
๐ฏ Entry: $0.16155 to $0.16411
๐ Stop: $0.14899
โ TP1: $0.18552
โ TP2: $0.20013
โ TP3: $0.22204
If it closes below the stop you are out, no arguing with it.
RSI is stretched this is a watch, half size at most.
Tap $ENA and look at the last 24 hourly candles, the level is right there.
Taking it at the entry zone, or waiting for a dip?
๐ My log, last 7d: 28 calls closed, 13 hit a target, 14 stopped. Net +12.7R, losses included.
Binance data as of 18 Sep 05:00 UTC. Not financial advice.
#ENA #TradingSetup
Price is flirting with the 7 day high at $0.16550, and volume is 1.4x weekly average.
The last swing low at $0.14880 is 9% below tight stop, low risk.
1h RSI at 70 says momentum is stretched, but price isnโt reversing yet.
๐ฏ Entry: $0.16155 to $0.16411
๐ Stop: $0.14899
โ TP1: $0.18552
โ TP2: $0.20013
โ TP3: $0.22204
If it closes below the stop you are out, no arguing with it.
RSI is stretched this is a watch, half size at most.
Tap $ENA and look at the last 24 hourly candles, the level is right there.
Taking it at the entry zone, or waiting for a dip?
๐ My log, last 7d: 28 calls closed, 13 hit a target, 14 stopped. Net +12.7R, losses included.
Binance data as of 18 Sep 05:00 UTC. Not financial advice.
#ENA #TradingSetup