đ„ $ENA / USDT: 1H Liquidity Sweep & High-Timeframe Imbalance Fill at $0.1664
âThe 1-Hour (1H) chart for $ENA /USDT illustrates a massive parabolic rally originating from the $0.0837 consolidation base up to a local buy-side liquidity peak of $0.1835, followed by a swift profit-taking retracement back toward the MA(25) support region at $0.1664.
âđ Market Bias: Strongly Bullish (Post-Impulse Consolidation)
âTrend Analysis: On the 1H timeframe, Ethena maintains a clean macro uptrend. Price is holding comfortably above the 1H Supertrend(10,3) support ($0.1561), the dynamic MA(25) baseline ($0.1612), and the long-term MA(99) ($0.1327). While price pulled back from the Bollinger Upper Band ($0.1811) to test the Bollinger Middle Band ($0.1628), holding above $0.1600 favors a secondary liquidity push higher.
âđŻ Trade Setup: LONG (On Demand Zone Mitigation)
âAction: LONG on a shallow pullback into the hourly Fair Value Gap (FVG) / MA(25) support layer.
âEntry Zone: $0.1610 â $0.1660 (Confluence with Bollinger Middle Band $0.1628 and MA(25) $0.1612)
âStop Loss (SL): $0.1540 (Positioned below the 1H Supertrend dynamic support level at $0.1561)
âTake Profit 1 (TP1): $0.1835 (Local Swing High / Buy-Side Liquidity Retest)
âTake Profit 2 (TP2): $0.1980 (Macro Horizon Expansion Target)
âTake Profit 3 (TP3): $0.2150 (Extended Upper Trend Expansion)
âRisk:Reward (R:R): ~1:2.4 (to TP2)
âTrade Invalidation: A sustained 1H candle close below $0.1540 invalidates the immediate continuation model.
#ENA #ENAUSDTđš #ENALaunch #ENAUSDT: #BinanceSquareTalks
âThe 1-Hour (1H) chart for $ENA /USDT illustrates a massive parabolic rally originating from the $0.0837 consolidation base up to a local buy-side liquidity peak of $0.1835, followed by a swift profit-taking retracement back toward the MA(25) support region at $0.1664.
âđ Market Bias: Strongly Bullish (Post-Impulse Consolidation)
âTrend Analysis: On the 1H timeframe, Ethena maintains a clean macro uptrend. Price is holding comfortably above the 1H Supertrend(10,3) support ($0.1561), the dynamic MA(25) baseline ($0.1612), and the long-term MA(99) ($0.1327). While price pulled back from the Bollinger Upper Band ($0.1811) to test the Bollinger Middle Band ($0.1628), holding above $0.1600 favors a secondary liquidity push higher.
âđŻ Trade Setup: LONG (On Demand Zone Mitigation)
âAction: LONG on a shallow pullback into the hourly Fair Value Gap (FVG) / MA(25) support layer.
âEntry Zone: $0.1610 â $0.1660 (Confluence with Bollinger Middle Band $0.1628 and MA(25) $0.1612)
âStop Loss (SL): $0.1540 (Positioned below the 1H Supertrend dynamic support level at $0.1561)
âTake Profit 1 (TP1): $0.1835 (Local Swing High / Buy-Side Liquidity Retest)
âTake Profit 2 (TP2): $0.1980 (Macro Horizon Expansion Target)
âTake Profit 3 (TP3): $0.2150 (Extended Upper Trend Expansion)
âRisk:Reward (R:R): ~1:2.4 (to TP2)
âTrade Invalidation: A sustained 1H candle close below $0.1540 invalidates the immediate continuation model.
#ENA #ENAUSDTđš #ENALaunch #ENAUSDT: #BinanceSquareTalks
