$ENA #ENA If the bounce won’t move, don’t force a bottom-buy. The short-seller rhythm hasn’t been fully released yet.
K-line period: 1h
My bias: slightly bearish (trade in the direction of the trend only; don’t clash head-on with emotions)
$ENA #ENA Execution: short the bounce, and only add positions after key levels are confirmed.
Key rationale: 1) ENAUSDT 24h price change: 17.003%; current price: about 0.266270; 24h trading volume: about 604.22M; 2) the 1h close moved down from 0.267840 to 0.266270, and the main cycle is still weakening. 3) the 4h close moved from 0.268010 to 0.266240; current open interest is about 584.55M; funding rate is about 0.0050%; the pullback looks more like an opportunity for the shorts.
Risk control level: if the 1h price reclaims above 0.269040, the bearish thesis is invalid.
$ENA #ENA Closing: the direction is given—execution depends on discipline. For reference only and does not constitute investment advice.
K-line period: 1h
My bias: slightly bearish (trade in the direction of the trend only; don’t clash head-on with emotions)
$ENA #ENA Execution: short the bounce, and only add positions after key levels are confirmed.
Key rationale: 1) ENAUSDT 24h price change: 17.003%; current price: about 0.266270; 24h trading volume: about 604.22M; 2) the 1h close moved down from 0.267840 to 0.266270, and the main cycle is still weakening. 3) the 4h close moved from 0.268010 to 0.266240; current open interest is about 584.55M; funding rate is about 0.0050%; the pullback looks more like an opportunity for the shorts.
Risk control level: if the 1h price reclaims above 0.269040, the bearish thesis is invalid.
$ENA #ENA Closing: the direction is given—execution depends on discipline. For reference only and does not constitute investment advice.