$ENA āœ… Entry, Take-Profit, and Stop-Loss Strategy

šŸ”½ Potential Long (Buy) Entry

If you want to buy on a breakout with confirmation:

Entry: $0.2600 (after breakout above MA and 0.257 resistance)

Stop-Loss: $0.2470 (below the last swing low)

Take-Profit Targets:

TP1: $0.2680 (recent rejection level)

TP2: $0.2875 (previous major high)

Risk/Reward Ratio (approx):

Risk: 0.2600 - 0.2470 = 0.0130

Reward:

TP1: 0.2680 - 0.2600 = 0.0080 (not ideal)

TP2: 0.2875 - 0.2600 = 0.0275 āž R:R ā‰ˆ 2.1:1 (Good)

$ENA

šŸ”¼ Potential Short (Sell) Entry

If the price breaks below the support:

Entry: $0.2440 (breakdown confirmation below 0.2455 support)

Stop-Loss: $0.2570

Take-Profit Targets:

TP1: $0.2350

TP2: $0.2200

$ENA

This is more aggressive, only for strong downtrend confirmation.