🚨 INSTITUTIONAL LIQUIDITY HUNT! | ENA/USDT
$ENA is holding strong around the $0.183 zone after sweeping local buy-side liquidity. On lower timeframes (15m/1H), we have a clean rejection from recent local highs with a fresh bearish Fair Value Gap (FVG) forming—setting up a crisp intraday short scalp back down to demand levels! 📉
🔹 Direction: Short (Sell)
🔹 Entry Zone: $0.1820 - $0.1855
🔹 Stop Loss (SL): $0.1910 (Strict SL required)
🔹 Take Profit (TP):
• TP1: $0.1760
• TP2: $0.1690
• TP3: $0.1610
📌 Trade Logic: Price tapped key resistance near $0.185 and confirmed a lower timeframe Market Structure Shift (MSS). Looking for a retracement toward internal sell-side liquidity pools.
⚠️ Risk Management: Maintain strict position sizing and risk no more than 1-2% of your capital per trade!
Are you shorting $ENA here or waiting for higher levels? Drop your thoughts below! 👇
#ENA #CryptoTrading #BinanceSquare #Foreheadburns #TradingSetup
💡 Suggestion: Watch for a 15m bearish candle close inside the entry zone before triggering your position.
$ENA is holding strong around the $0.183 zone after sweeping local buy-side liquidity. On lower timeframes (15m/1H), we have a clean rejection from recent local highs with a fresh bearish Fair Value Gap (FVG) forming—setting up a crisp intraday short scalp back down to demand levels! 📉
🔹 Direction: Short (Sell)
🔹 Entry Zone: $0.1820 - $0.1855
🔹 Stop Loss (SL): $0.1910 (Strict SL required)
🔹 Take Profit (TP):
• TP1: $0.1760
• TP2: $0.1690
• TP3: $0.1610
📌 Trade Logic: Price tapped key resistance near $0.185 and confirmed a lower timeframe Market Structure Shift (MSS). Looking for a retracement toward internal sell-side liquidity pools.
⚠️ Risk Management: Maintain strict position sizing and risk no more than 1-2% of your capital per trade!
Are you shorting $ENA here or waiting for higher levels? Drop your thoughts below! 👇
#ENA #CryptoTrading #BinanceSquare #Foreheadburns #TradingSetup
💡 Suggestion: Watch for a 15m bearish candle close inside the entry zone before triggering your position.
