$ENA /USDT Trading Strategy: Long & Short Setup
#possible_breakout_maybe_coming
Long Trade Strategy:
Entry Price: $0.475 - $0.485 (After confirmation of support at MA(25))
Target Level: $0.550 - $0.600 (Resistance near previous highs)
Stop Loss: $0.445 (Below recent support)
Key Breakout Level: $0.501 (Break of 24h high could trigger more buying)
Short Trade Strategy:
Entry Price: $0.495 - $0.500 (Near resistance level)
Target Level: $0.440 - $0.420 (Previous support zone)
Stop Loss: $0.510 (Above recent highs to prevent fake-outs)
Key Breakdown Level: $0.470 (Break below could accelerate downside)
Key Notes:
Volume confirmation is crucial for breakout trades.
Monitor MA(25) and MA(99) for trend strength.
Use trailing stop-loss to secure profits.
