$ENA /USDT · Bias: LONG (Pullback Absorption / Bullish Continuation)
Healthy consolidation following an impulsive higher-high push toward the 24h High (0.24147)! The 15m chart shows selling volume drying up near the 0.2360 – 0.2374 breakout retest shelf, setting up the next leg up to retest and break overhead resistance! 🚀📈
Trade Setup:
Position: LONG $ENA
Entry Zone: 0.2355 – 0.2375 (Accumulating on minor dips along the local support base)
Stop Loss (SL): 0.2315 (~1.7% – 2.5% risk; clean invalidation below the prior swing higher-low)
Take Profit Targets:
TP1: 0.24147 (Retesting the 24h High liquidity pool)
TP2: 0.24500 (Breakout extension resistance)
TP3: 0.24900 (Key upper Fibonacci target)
TP4: 0.25400 (Major expansion target)
Healthy consolidation following an impulsive higher-high push toward the 24h High (0.24147)! The 15m chart shows selling volume drying up near the 0.2360 – 0.2374 breakout retest shelf, setting up the next leg up to retest and break overhead resistance! 🚀📈
Trade Setup:
Position: LONG $ENA
Entry Zone: 0.2355 – 0.2375 (Accumulating on minor dips along the local support base)
Stop Loss (SL): 0.2315 (~1.7% – 2.5% risk; clean invalidation below the prior swing higher-low)
Take Profit Targets:
TP1: 0.24147 (Retesting the 24h High liquidity pool)
TP2: 0.24500 (Breakout extension resistance)
TP3: 0.24900 (Key upper Fibonacci target)
TP4: 0.25400 (Major expansion target)
