$ENA / USDT Trade Setup
Current Price: ~$0.3687
Buy Zone: $0.36–$0.33 (prior demand + Fib support + psychological round number)
Stop-Loss: Below $0.25 (last structural low—good invalidation point)
Target: $1.34 (ATH)
R:R Ratio: ~8.5:1 — strong risk/reward for structured accumulation
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Confluence Points
0.36–0.33 aligns with:
Prior breakout zone
Possible bullish divergence building on 4H RSI
BTC sitting near major support (~$102K)—if it holds, alts like ENA may bounce hard
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What to Watch For:
Entry Triggers:
Bullish engulfing or strong wick in the $0.33–0.36 range
Volume spike at support = buyer presence
RSI turning up from oversold = momentum shift
Invalidation:
Close below $0.25 = structure broken → step out and reassess
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Trade Strategy Summary
Entry $0.36–$0.33
Stop-Loss $0.25
Target $1.34 (ATH)
R:R ~8.5:1
Bias Bullish if BTC holds support