$Ena scalping signel
Thanks for providing the 1-hour chart of **ENA/USDT** (not IDEX/USDT as stated — please confirm if this is the correct pair). Let's proceed with a technical analysis and formulate a scalping strategy for spot trading based on the chart you shared.
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### **1. Chart Overview:**
- **Current Price:** 0.3305 USDT
- **24h High:** 0.3369
- **24h Low:** 0.3060
- **Volume (24h):** High volume at over 109M ENA
- **Trend:** Short-term bullish momentum with a pullback from the 0.3369 high
- **Indicators Observed:**
- MA(5) > MA(10) indicating recent bullish strength
- Significant green volume bars suggest recent buying pressure
- Slight consolidation/pullback after a spike
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### **2. Technical Levels:**
- **Resistance:** 0.3369 (recent top)
- **Support:** 0.3233 and stronger at 0.3156
- **Key Pivot (Average Line):** 0.3301
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### **3. Scalping Strategy:**
**A. Entry Points:**
- **Aggressive Entry:** 0.3300–0.3305 (current price range; enter on confirmation of bounce)
- **Conservative Entry:** 0.3235–0.3240 (support test area)
**B. Stop-Loss:**
- **Aggressive SL:** 0.3260 (below the nearest support and average)
- **Conservative SL:** 0.3195 (below previous low near 0.3200)
**C. Take-Profit Targets:**
- **TP1:** 0.3365 (near recent high)
- **TP2:** 0.3395–0.3420 (next psychological resistance if breakout occurs)
- **TP3 (Extended):** 0.3490 (only if strong volume continues and resistance breaks)
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### **4. Signal Summary (For Scalping Spot Trade)**
| Parameter | Value |
|----------------|------------------------------|
| **Entry** | 0.3300 – 0.3305 (aggressive) |
| **Stop-Loss** | 0.3260 |
| **TP1** | 0.3365 |
| **TP2** | 0.3395 – 0.3420 |
| **Risk:Reward** | ~1:1.6 (for TP1), higher for TP2 |
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### **5. Notes:**
- This setup is for **short-term intraday scalping**.
- Monitor the **volume bars** closely — sudden drop in volume may signal weakening momentum.
- Use **limit orders** near entry/TP zones to reduce slippage.
Would you like a similar strategy for IDEX/USDT if that was your original intent?$ENA