$ENA Short 75x | Short setup in play, with clear invalidation defined.
ENA is at a critical supply zone, setting the stage for a valid trade. This execution stems from a strategic area, where sellers are poised to take charge.
Trade Plan:
- Entry: 0.13838 – 0.13918
- TP1: 0.13589 (R:R 1:0.8)
- TP2: 0.13396 (R:R 1:1.3)
- TP3: 0.13107 (R:R 1:2.0)
- SL: 0.14263
Why this setup?
- This is fundamentally a location trade: 4h short structure, bullish daily backdrop, and price reacting from 0.13838–0.13918.
- RSI15 at 44 provides space for sellers to drive lower, contingent on their continued dominance.
- Volume is currently at 0.04x, with 214.56K traded against 5.86M anticipated, validating the active participation.
Trade here 👇 and what's your strategy: a precise stop, or a broader structural stop?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
ENA is at a critical supply zone, setting the stage for a valid trade. This execution stems from a strategic area, where sellers are poised to take charge.
Trade Plan:
- Entry: 0.13838 – 0.13918
- TP1: 0.13589 (R:R 1:0.8)
- TP2: 0.13396 (R:R 1:1.3)
- TP3: 0.13107 (R:R 1:2.0)
- SL: 0.14263
Why this setup?
- This is fundamentally a location trade: 4h short structure, bullish daily backdrop, and price reacting from 0.13838–0.13918.
- RSI15 at 44 provides space for sellers to drive lower, contingent on their continued dominance.
- Volume is currently at 0.04x, with 214.56K traded against 5.86M anticipated, validating the active participation.
Trade here 👇 and what's your strategy: a precise stop, or a broader structural stop?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
