ā” ENA/USDT Trade Signal ā”
š“ Position: Short (Higher Probability)
š Entry Zone: $0.4250 - $0.4350
š Average Entry: $0.4300
ā Stop Loss: $0.4500 (-4.65%) | 35%
šÆ Target Levels:
1ļøā£ $0.4100 (+4.65%) | 90%
2ļøā£ $0.3950 (+8.14%) | 85%
3ļøā£ $0.3800 (+11.63%) | 80%
4ļøā£ $0.3650 (+15.12%) | 75%
5ļøā£ $0.3500 (+18.60%) | 70%
š Trade Setup & Analysis:
āļø Price in a downtrend, consistently making lower highs and lower lows
āļø EMA(7) below EMA(25), indicating bearish momentum
āļø MACD below zero, confirming ongoing bearish trend
āļø RSI at 31.2, approaching oversold but with room for further downside
āļø Stochastic RSI at 0.0000, suggesting extreme oversold conditions; potential for a small bounce before continuation
š Key Risks & Considerations:
ā ļø If price breaks above $0.4400, bearish outlook weakens
ā ļø Unexpected market news could lead to rapid price reversal
ā ļø Oversold conditions may cause short-term volatility
ā ļø Strong support at $0.4100 may lead to temporary consolidation
šø THIS IS MY ANALYSIS šø
š Please do your own research, and if it aligns with your strategy, then consider taking the trade.
ā ļø Disclaimer:
This setup is for informational purposes only and not financial advice. Cryptocurrency trading involves significant risk. Do your own research and consult a financial professional before making any investment decisions.
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