High-return investment plan with low risk 😍
$ENA The price trades above the daily high and faces resistance at $0.2238.
Upside scenario:
If the price closes for four hours above the mentioned resistance, the next target is $0.26403.
Corrective scenario:
Due to the presence of a cluster of sell orders at short positions at $0.2238, the correction may extend to the range between $0.177 and $0.145.
Investment plan:
Long entry: in the correction zone between $0.177 and $0.156.
Stop loss: $0.145.
Take profits:
First target: $0.1899—close 25% of the trade and move the stop-loss to the entry point.
Second target: $0.2238—close 25% and move the stop to the first target.
Third target: $0.2640—close 30% and move the stop to the second target.
Leave 20% to pursue the final target at $0.372.
Important warning ⚠️✋:
This is a technical analysis view and not an invitation to buy or sell. Do your own research.
Don’t forget risk management and don’t risk more than 1% of your capital.
If during trade setup you find that hitting the stop-loss will cause you to lose more than 1% of your capital, immediately reduce the contract size.
To continue trading, ensure that your loss when the stop-loss is hit does not exceed 1% of your capital.
Avoid high leverage and avoid greed.
#ENA #TechnicalAnalysiss #GeometricAnalysis
$ENA The price trades above the daily high and faces resistance at $0.2238.
Upside scenario:
If the price closes for four hours above the mentioned resistance, the next target is $0.26403.
Corrective scenario:
Due to the presence of a cluster of sell orders at short positions at $0.2238, the correction may extend to the range between $0.177 and $0.145.
Investment plan:
Long entry: in the correction zone between $0.177 and $0.156.
Stop loss: $0.145.
Take profits:
First target: $0.1899—close 25% of the trade and move the stop-loss to the entry point.
Second target: $0.2238—close 25% and move the stop to the first target.
Third target: $0.2640—close 30% and move the stop to the second target.
Leave 20% to pursue the final target at $0.372.
Important warning ⚠️✋:
This is a technical analysis view and not an invitation to buy or sell. Do your own research.
Don’t forget risk management and don’t risk more than 1% of your capital.
If during trade setup you find that hitting the stop-loss will cause you to lose more than 1% of your capital, immediately reduce the contract size.
To continue trading, ensure that your loss when the stop-loss is hit does not exceed 1% of your capital.
Avoid high leverage and avoid greed.
#ENA #TechnicalAnalysiss #GeometricAnalysis
