$ENA ENA — the pump has already distributed, the short is in the right structure
ENA ran 0.070 → 0.190 (×2.7) over about 10 days, not a single candle. The wick hit 0.190 on 28/08, then daily closed at 0.162. From the top to the current price is about −16%, not −7%.
Volume profile splits into 2 houses:
• Long-term house: POC 0.151, thick volume 0.147–0.154
• Short-term house after the dump: POC 0.164, 37% of the 24h volume sitting in 0.162–0.166
• The tail 0.183–0.190 is thin. Delta 24h is red at 61%. The most recent 12h has already rebalanced
0.163–0.165 is real volume resistance (POC 24h/48h). This morning it tested 0.1646 and then dropped to 0.160 — the reject setup has occurred, so it’s no longer a pending order.
MA7 0.157 is the daily SMA. Price is still above the daily MA7 by a very thin margin, but it’s already below the 1H SMA7 and SMA25. Don’t use “still above MA7” as a reason to go long.
Cut out 3 things you can’t measure:
• Wall 848K ENA is not a wall. It’s about ~0.5% of daily volume, gone within a few minutes
• “Sell-side is fully controlled” is only true for the first 24h after the peak
• Target MA25 0.113 after breaking 0.157 is a jump. Below that there’s HVN 0.154, then POC 0.151
There’s still edge in the strategy:
• Short after reject 0.163–0.165 — already triggered
• Target 1: 0.157 / low 0.1566
• Target 2: 0.154 (HVN)
• Only consider 0.151 if 0.154 breaks
• Invalidation: 15m/1H closes holding above 0.1645–0.165
Not a recommendation to add more. Only hold what volume still confirms.
ENA ran 0.070 → 0.190 (×2.7) over about 10 days, not a single candle. The wick hit 0.190 on 28/08, then daily closed at 0.162. From the top to the current price is about −16%, not −7%.
Volume profile splits into 2 houses:
• Long-term house: POC 0.151, thick volume 0.147–0.154
• Short-term house after the dump: POC 0.164, 37% of the 24h volume sitting in 0.162–0.166
• The tail 0.183–0.190 is thin. Delta 24h is red at 61%. The most recent 12h has already rebalanced
0.163–0.165 is real volume resistance (POC 24h/48h). This morning it tested 0.1646 and then dropped to 0.160 — the reject setup has occurred, so it’s no longer a pending order.
MA7 0.157 is the daily SMA. Price is still above the daily MA7 by a very thin margin, but it’s already below the 1H SMA7 and SMA25. Don’t use “still above MA7” as a reason to go long.
Cut out 3 things you can’t measure:
• Wall 848K ENA is not a wall. It’s about ~0.5% of daily volume, gone within a few minutes
• “Sell-side is fully controlled” is only true for the first 24h after the peak
• Target MA25 0.113 after breaking 0.157 is a jump. Below that there’s HVN 0.154, then POC 0.151
There’s still edge in the strategy:
• Short after reject 0.163–0.165 — already triggered
• Target 1: 0.157 / low 0.1566
• Target 2: 0.154 (HVN)
• Only consider 0.151 if 0.154 breaks
• Invalidation: 15m/1H closes holding above 0.1645–0.165
Not a recommendation to add more. Only hold what volume still confirms.