🔻 $ENA 1H WAITING SHORT – pullback into the broken base
📉 Trend: 0.1428 is below 1H EMA50 0.1501 / EMA200 0.1599 and 4H EMA200 0.1836. ENA lost the 0.149-0.150 base early Nov 12 and is down about 6% in 24h, printing lower highs every hour.
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🎯 Plan (only after publication):
A bounce into 0.1450-0.1465, then a 1H close back below 0.1445. Sell limit 0.1450.
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🛑 Stop: 0.1482 (0.1475 swing high + 0.3×ATR 0.0024)
✅ TP1: 0.1381 (Sep 11 low) ~1.9R
✅ TP2: 0.1353 (Sep 13 low) ~2.7R
(R net of 0.1% fee per side; 0.1397 may cause a pause on the way)
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🧠 Why: trend-following. Price is under every key average, and the broken base should act as resistance on a retest.
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⚠️ Cancel if a 1H close is above 0.1482 before activation, or 0.1381 prints before entry. Expires in 24h. Risk 1%: size = 1% of equity ÷ (0.1482 − 0.1450). Confidence: medium, since a bounce may never come and no trigger means no trade.
⠀
Not financial advice. DYOR.
#ENA #Ethena #TechnicalAnalysis #Binance
📉 Trend: 0.1428 is below 1H EMA50 0.1501 / EMA200 0.1599 and 4H EMA200 0.1836. ENA lost the 0.149-0.150 base early Nov 12 and is down about 6% in 24h, printing lower highs every hour.
⠀
🎯 Plan (only after publication):
A bounce into 0.1450-0.1465, then a 1H close back below 0.1445. Sell limit 0.1450.
⠀
🛑 Stop: 0.1482 (0.1475 swing high + 0.3×ATR 0.0024)
✅ TP1: 0.1381 (Sep 11 low) ~1.9R
✅ TP2: 0.1353 (Sep 13 low) ~2.7R
(R net of 0.1% fee per side; 0.1397 may cause a pause on the way)
⠀
🧠 Why: trend-following. Price is under every key average, and the broken base should act as resistance on a retest.
⠀
⚠️ Cancel if a 1H close is above 0.1482 before activation, or 0.1381 prints before entry. Expires in 24h. Risk 1%: size = 1% of equity ÷ (0.1482 − 0.1450). Confidence: medium, since a bounce may never come and no trigger means no trade.
⠀
Not financial advice. DYOR.
#ENA #Ethena #TechnicalAnalysis #Binance
