#AltcoinBreakout 🚨"ENA Rocket Launch? Above 0.44 is all traps!"——FOMO has been fully activated, but the whales are quietly placing large sell orders. Should we risk short-term trading or calmly observe?
Summary in one sentence: ENA surged 13% in 24h, RSI rose to 74, and the price has pierced the upper band; sell orders on the order book are 4 times higher than buy orders, with a wall of 28 million USDT stacked between 0.45-0.50. If it retraces to the high volume area (HVN) of 0.35-0.36 and the buying volume is ≥60%, we can take a small long position; if it directly breaks below 0.34, it confirms a false breakout, and we should go short. Be sure to set a stop loss below 0.33, with a single trade risk ≤1%.
Key interval structure
1. Value anchoring area (POC): 0.3485 (926 million transaction volume), marking the mid-term bull-bear dividing line.
2. High volume area (HVN): 0.339-0.343, 0.346-0.351, two major buffer zones where prices tend to linger.
3. Low volume gap (LVN): 0.430-0.443, 0.295-0.298, prices will quickly traverse once entered.
4. 70% transaction volume coverage area: 0.266-0.399, with the current price of 0.437 exceeding the upper boundary, indicating short-term overbought.
5. Momentum verification: Near POC Up/Down≈50:50, direction unclear; in the 0.35-0.36 range, Up Volume is 54%, slightly bullish.
Market cycle
The daily level is still in the "bottom lifting" oscillation upward phase, but the short-term has touched the Bollinger upper band + RSI > 70, entering the overheating zone, and a pullback could happen at any time.
Trading strategy
Aggressive short long: Retrace to 0.355±0.002, enter when a bullish candle appears on the 15-minute level + Up Volume > 60%, stop loss at 0.339 (recent HVN lower edge - 0.5×ATR ≈ 0.008), target 0.370 (previous HVN), risk-reward ratio ≈ 2.1:1.
Conservative short: If the 15-minute close drops below 0.430 LVN and volume increases (Down Volume ≥ 60%), short it, stop loss at 0.445, target 0.400-0.390, risk-reward ratio ≈ 2.3:1.
Cautious observation: Wait for the price to return to 0.348-0.351 HVN and show clear directional signals before taking action.
Risk warning
• Sell orders on the order book are 4.1 times higher than buy orders, indicating whales may be offloading based on good news.
• Contract holdings increased by 7.98% in 24h, but the long-short ratio dropped from 2.99 to 2.77, showing significant long liquidation.
• Strategy invalidation: If volume breaks above 0.45 or drops below 0.33, the interval logic is invalid, and stop loss should be executed immediately.
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