ENA – Futures Analysis and Strategy 18/05
Summary of Multi-Timeframe Trends
🔹 M15: Price $0.3570 | MA7 > MA25, RSI ~63 (approaching overbought), MACD crosses upward → Short-term recovery signal but weak volume.
🔹 H1: Price $0.3567 | MA7 < MA25, RSI 56 (neutral), MACD converging → Downtrend not yet over.
🔹 H4: Price $0.3567 | MA7 < MA25, RSI 36.6 (near oversold zone), MACD bearish divergence → Selling pressure still strong.
🔹 D1: Price $0.3570 | Mixed MA, RSI 46 (neutral), weak positive MACD → Lack of mid-term upward momentum.
Important Price Levels
• Resistance: $0.3640 – $0.3850 (MA25-H4 and MA99-D1)
• Strong support: $0.3460 (most recent low)
• Deep support: $0.3300
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Trading Strategy ENAUSDT
Main Scenario – BUY Bottom Fishing (60%)
• Wait for price to retest the $0.3460 area
• Entry conditions: RSI > 30 + MACD converging
• Entry: ~$0.3480
• TP: $0.3640
• SL: $0.3420
• RR: ~1.6
Alternative Scenario – BUY Breakout (30%)
• If price strongly breaks $0.3640 with increased volume
• Entry: ~$0.3660
• TP: $0.3850
• SL: $0.3550
• RR: ~1.7
Defensive Scenario – SHORT Break Support (10%)
• If price decisively breaks $0.3460
• Entry: ~$0.3440
• TP: $0.3300
• SL: $0.3520
• RR: ~1.75
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Capital Management
• Risk/Trade ≤ 2% of capital
• Minimum RR 1:1.5
• Always monitor volume and macro news when price approaches support/resistance areas
⛔ Warning: ENA is strongly declining nearly 8%, the strategy needs to be adjusted flexibly according to actual fluctuations. Do not FOMO when signals are not clear.
