Great — here’s a short-term trading strategy for $ENA /USDT based on the data:
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1. Strategy Type: Short-Term Swing Trade (1–3 days)
Given the RSI is very high (87.89), it suggests the price is overbought and may face a pullback or short-term consolidation.
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2. Entry Plan:
Wait for Dip: Ideal entry range: $0.274 – $0.285, near SAR support (0.2748).
Set a limit buy slightly above SAR: $0.276 – $0.280.
If price drops sharply, watch $0.2643 (next support zone on your chart).
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3. Exit/Profit Targets:
Target 1: $0.296 (near current price — quick scalp)
Target 2: $0.303 – $0.306 (recent resistance)
Consider taking partial profit at each level.
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4. Stop Loss:
Place a tight stop around $0.259 (just below recent low and 0.2616 24h low).
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5. Optional Re-Entry:
If you’re stopped out and price rebounds, consider re-entering near support after confirmation (e.g., bullish candle pattern, volume spike).
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6. Risk Management:
Risk only 1-2% of your capital on this trade.
Avoid chasing price if it runs up before your entry — wait for retracement.