$ENA TODAY - DIP = OPPORTUNITY?
Price Right Now: $0.24 (-4.8% 24h)【2407433216345591532†L9-L13】
24H Range: $0.2376 - $0.2547 - we are at the LOW end.
Volume: $399M+ still A+ liquidity【2407433216345591532†L103-L106】
My Strategy for Today - Oct 6:
I am NOT shorting this dip. ENA is -84% from ATH $1.52【2407433216345591532†L22-L24】 but +230% from June ATL. This is accumulation zone.
✅ SPOT PLAN:
Buy Zone 1: $0.237 - $0.242 NOW - 40%
Buy Zone 2: $0.215 - $0.22 if wick - 60%
Take Profit:
TP1: $0.254 (today's high)
TP2: $0.276
TP3: $0.32
Invalidation: 4H close below $0.232
✅ FUTURES (Low Leverage Only):
Long trigger: Break & hold above $0.2453
Entry: $0.246
SL: $0.236
TP: $0.262 / $0.285
Why I am bullish intraday:
- Strong buy depth $10M within 2%【2407433216345591532†L17-L20】
- Fear & Greed 73 (Greed) but chart showing bearish sentiment 90% = Contrarian buy
- USDe growth = fee revenue -> ENA
Risk: BTC is shaky. Keep position size 2-3% max.
Are you buying this dip or waiting for $0.20?
#ENA #Ethena #CryptoTrading #Altcoins
Price Right Now: $0.24 (-4.8% 24h)【2407433216345591532†L9-L13】
24H Range: $0.2376 - $0.2547 - we are at the LOW end.
Volume: $399M+ still A+ liquidity【2407433216345591532†L103-L106】
My Strategy for Today - Oct 6:
I am NOT shorting this dip. ENA is -84% from ATH $1.52【2407433216345591532†L22-L24】 but +230% from June ATL. This is accumulation zone.
✅ SPOT PLAN:
Buy Zone 1: $0.237 - $0.242 NOW - 40%
Buy Zone 2: $0.215 - $0.22 if wick - 60%
Take Profit:
TP1: $0.254 (today's high)
TP2: $0.276
TP3: $0.32
Invalidation: 4H close below $0.232
✅ FUTURES (Low Leverage Only):
Long trigger: Break & hold above $0.2453
Entry: $0.246
SL: $0.236
TP: $0.262 / $0.285
Why I am bullish intraday:
- Strong buy depth $10M within 2%【2407433216345591532†L17-L20】
- Fear & Greed 73 (Greed) but chart showing bearish sentiment 90% = Contrarian buy
- USDe growth = fee revenue -> ENA
Risk: BTC is shaky. Keep position size 2-3% max.
Are you buying this dip or waiting for $0.20?
#ENA #Ethena #CryptoTrading #Altcoins