$ENA — The stop-loss will be so wide here that it doesn’t justify entering.
$ENA is in a strong upward direction on the 1H timeframe, where EMA7 is above EMA25 and EMA99. Trading volume is also higher than its recent averages.
But the price is already at 0.12516, just below the 0.12536 high.
I won’t chase this move.
I’m watching 0.11790-0.11927 for a cleaner retest. There’s also a deeper structural level near 0.11222.
There’s no confirmation signal—no trade. Protecting capital is also key.
Not entered yet, but watch $ENA at 0.11790-0.11927 for the next opportunity.
$ENA is in a strong upward direction on the 1H timeframe, where EMA7 is above EMA25 and EMA99. Trading volume is also higher than its recent averages.
But the price is already at 0.12516, just below the 0.12536 high.
I won’t chase this move.
I’m watching 0.11790-0.11927 for a cleaner retest. There’s also a deeper structural level near 0.11222.
There’s no confirmation signal—no trade. Protecting capital is also key.
Not entered yet, but watch $ENA at 0.11790-0.11927 for the next opportunity.