ENA is stuck under the 50‑day EMA with bearish pressure mounting, and the market is trading just above a key demand zone. Momentum stalls as sellers keep the price pinned.
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🔴 $ENA SHORT 📉
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📍 Entry Range: $0.180250 – $0.180610
🛑 Stop Loss: $0.185843 (-3.0%)
🎯 TP1: $0.177724 (+1.5%)
🏆 TP2: $0.171408 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
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The market structure broke lower (CHoCH) on the 4‑hour chart while cumulative delta turned negative, confirming the down‑trend. A fair value gap lines up with an order block, and the overlap creates a point of interest that backs the short bias.
A 3.0 % stop is relatively tight, so stay within 3‑5× leverage to avoid liquidation.
Scale out half the lot when price hits the first target near the next resistance.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ENA #ENAUSDT #THORChain #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $ENA SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.180250 – $0.180610
🛑 Stop Loss: $0.185843 (-3.0%)
🎯 TP1: $0.177724 (+1.5%)
🏆 TP2: $0.171408 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
The market structure broke lower (CHoCH) on the 4‑hour chart while cumulative delta turned negative, confirming the down‑trend. A fair value gap lines up with an order block, and the overlap creates a point of interest that backs the short bias.
A 3.0 % stop is relatively tight, so stay within 3‑5× leverage to avoid liquidation.
Scale out half the lot when price hits the first target near the next resistance.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ENA #ENAUSDT #THORChain #TradingSignals #Write2Earn