ENA just busted a lower high, looks ready to dive deeper. Momentum’s flipping and the price is staring at the 1.7% upside target.
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🔴
$ENA SHORT 📉
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📍 Entry Range: $0.161189 – $0.161511
🛑 Stop Loss: $0.166190 (-3.0%)
🎯 TP1: $0.158930 (+1.5%)
🏆 TP2: $0.153282 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
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We got a CHoCH on the 4‑hour chart, CVD spiking down, a fresh FVG feeding the move, and an OB right where the gap sits – classic confluence. The structure is now in a clean downtrend swing, so short feels justified.
A 3.0% stop is a bit tight, so keep leverage around 2‑3x to stay safe.
Take half off the table once price hits the first target around 1.7% gain.
Not financial advice — always manage your own risk 🙏
$ENA #ENAUSDT #SMC #TradingSignals #Write2Earn