ENA/USDT 15-Min Chart Analysis & Short-Term Trading Idea
Potential Entry Point: Around the current price of $0.3900 or potentially waiting for a confirmation of a bounce off the $0.3889 support level. A small green candle forming after the red ones might indicate some buying interest.
Potential Exit Point (Target): A very short-term target could be the previous local low before the recent big red candle, perhaps around $0.3980 - $0.4020. This aims to capture a small upward retracement.
Stop-Loss: Given the high risk, a tight stop-loss is crucial. It could be placed just below the 24-hour low, for example, at $0.3870. If the price breaks below this, the downward momentum might continue.
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