$ENA
Trade Setup (Detailed)
ENA is sitting in a tight range and showing early signs of strength, making this a decent short-term momentum setup.
Entry Zone:
0.2730 – 0.2760
Price is consolidating above minor support, and this zone offers a good risk-reward entry if buyers continue to hold.
Stop-Loss:
0.2630
A clean invalidation level if ENA drops below this, the current bullish structure breaks and momentum fades.
Take-Profit Targets:
• TP1: 0.2830 – first reaction zone
• TP2: 0.2880 – next resistance level
• TP3: 0.2930 – stronger upside target if volume pushes through
Summary:
As long as ENA holds the 0.27 region, bulls stay in control. A breakout with increasing volume can help price reach the upper targets. Manage risk, follow levels, and keep an eye on market sentiment.