$ENA
ENA/USDC 1-hour chart, here’s a suggested trade setup derived from the current trend, key levels, and indicators:
📊 Trade Setup (Long/Buy Position)
• Entry Zone:
Between 0.7794 and 0.7945
(Current pullback area after breakout above consolidation)
• Stop Loss (SL):
Below the EMA(21) or EMA(50), around 0.7400
(This area has acted as support during recent consolidation)
🎯 Take Profit Targets
🎯 TP1:
0.8099 (Recent 24h high / local resistance)
🎯 TP2:
0.8186 (Next visible resistance level on chart)
✅ Technical Notes:
EMA Bullish Alignment: EMA(9) > EMA(21) > EMA(50), suggesting a strong uptrend.
MACD Crossover: Bullish crossover has occurred, with DIF > DEA.
Volume Spike: Strong green volume bar confirms breakout momentum.
Stoch RSI: At 100, indicating overbought — expect possible minor pullbacks before continuation.
