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Our previous high-risk short setup from the 0.6550 resistance zone continues to play out exactly as planned. After multiple rejections from that major resistance area, ENA has now dropped over 15%, reaching around 0.5610.
🧠 Market Structure Insight: The red zone acted as a strong supply area, where sellers dominated once again. As long as price stays below 0.60, market sentiment remains bearish. Next key zones to watch: 1️⃣ 0.5341 2️⃣ 0.5085
A clean breakdown below 0.55 could open the way for deeper correction towards the final support level.
⚠️ Note: Market is moving aggressively; avoid chasing entries. Wait for proper retest confirmations before making any new decisions.
Educational Purpose Only – Not Financial Advice DYOR – Do Your Own Research
$ENA / USDT – Short Setup Plan ⚠️ (High-Risk Alert)
This is a high-risk setup, suitable only for experienced traders.
If the weekly candle closes below 0.6550, I’ll look to open a short position. ❌ No DCA – clean single entry only. 🎯 Stop Loss: 0.6600 (tight SL)
Targets: 1️⃣ 0.5341 2️⃣ 0.5085 3️⃣ 0.4239
Price is currently testing a major resistance zone around 0.6550. If we get a clear rejection, it could trigger a deep correction toward the lower support zones marked on the chart.
📊 Always remember – risk management is everything in setups like this.
Educational Purpose Only – Not Financial Advice DYOR – Do Your Own Research
📊 Reasoning: APT is respecting the $4.60 support zone and showing signs of reversal. A clean move toward $5 is likely as it approaches short-term resistance.
$SUI USDT Trade Setup 🚀 Risk/Reward: 12:1 Entry Point: Entry: Current Market Price (CMP) - $3.50 Take-Profit Targets (TPs): TP1: $3.8495 TP2: $4.1722 TP3: $4.4417 Stop-Loss (SL): Stop-Loss: Close the trade if a 4-hour candle closes below the 100-day EMA ($3.4629). 📉 Risk Management: A risk/reward ratio of 12:1 is excellent. This means you are targeting a potential profit 12 times greater than your potential loss. It's a key principle of good trading. #SUI #CryptoTrading #Binance #RiskManagement
📊 Reasoning: DOGE is trading in a falling channel, currently testing mid-range support near 0.22. A bounce from here could take price back towards upper channel resistance (0.233-0.235). Tight stop ensures controlled risk while aiming for a strong upside move.
#DOGEUSDT #Scalping #CryptoTrading #BinanceSquare
Educational Purpose Only – Not Financial Advice DYOR – Do Your Own Research