Perfect ๐ Letโs build a trading plan (entry, targets, stop-loss) for ENA/USDT based on the chart.
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๐ฏ ENA/USDT Trading Strategy
๐น 1. Swing/Spot Trading (WeeklyโMonthly View)
Entry Zone (Accumulation Buy):
$0.60 โ $0.65 (current support)
If it dips โ $0.50 โ $0.52 (strong buy zone)
Targets:
1. $0.80 (short-term bounce target)
2. $1.00 โ $1.10 (major resistance zone)
3. $1.30 โ $1.50 (breakout target if $1.10 breaks)
Stop-Loss (Risk Control):
Below $0.48 (if candle closes below, trend turns bearish).
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๐น 2. Short-Term Trading (1Dโ4H View)
Buy Zone: $0.60 โ $0.62 with confirmation of support.
Target: $0.72 โ $0.75 (quick trade profit zone).
Stop-Loss: $0.58
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๐น 3. Risk Management
Never risk more than 2โ3% of your capital per trade.
If you enter at $0.62 and set stop-loss at $0.48, your risk is $0.14.
โ So target must be at least $0.80 ($0.18 gain = 1.3 risk-reward ratio).
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๐ Probability Outlook
If Bitcoin remains stable โ high chance ENA will bounce from $0.60 โ test $0.80.
If Bitcoin dumps โ ENA can break $0.60 and retest $0.50.
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๐ My suggestion:
Entry 1 (Safe): $0.62 โ $0.65 with SL $0.58, TP $0.75 / $0.80
Entry 2 (Strong Buy if dropped): $0.50 โ $0.52 with SL $0.48, TP $0.80 / $1.10