⚔ ENA/USDT Trade Signal ⚔

šŸ”“ Position: Short (Higher Probability)

šŸ”… Entry Zone: $0.4250 - $0.4350

šŸ“Š Average Entry: $0.4300

āŒ Stop Loss: $0.4500 (-4.65%) | 35%

šŸŽÆ Target Levels:

1ļøāƒ£ $0.4100 (+4.65%) | 90%

2ļøāƒ£ $0.3950 (+8.14%) | 85%

3ļøāƒ£ $0.3800 (+11.63%) | 80%

4ļøāƒ£ $0.3650 (+15.12%) | 75%

5ļøāƒ£ $0.3500 (+18.60%) | 70%

šŸ“Œ Trade Setup & Analysis:

āœ”ļø Price in a downtrend, consistently making lower highs and lower lows

āœ”ļø EMA(7) below EMA(25), indicating bearish momentum

āœ”ļø MACD below zero, confirming ongoing bearish trend

āœ”ļø RSI at 31.2, approaching oversold but with room for further downside

āœ”ļø Stochastic RSI at 0.0000, suggesting extreme oversold conditions; potential for a small bounce before continuation

šŸ“Œ Key Risks & Considerations:

āš ļø If price breaks above $0.4400, bearish outlook weakens

āš ļø Unexpected market news could lead to rapid price reversal

āš ļø Oversold conditions may cause short-term volatility

āš ļø Strong support at $0.4100 may lead to temporary consolidation

šŸ”ø THIS IS MY ANALYSIS šŸ”ø

šŸ“Œ Please do your own research, and if it aligns with your strategy, then consider taking the trade.

āš 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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