$ENA
š ENA/USDT ā 1H Chart Signal
Exchange: Binance
Setup: Mid-range of ascending channel ā potential continuation play
š° Price: 0.4005
š Trend: Bullish channel (higher highs and higher lows)
š§ Structure: Bounced cleanly off lower trendline, heading toward upper channel resistance
š„ Entry Zone (Long):
0.398 ā 0.402
Ideal on minor pullback or continuation breakout above 0.406
šÆ Targets:
TP1: 0.415
TP2: 0.428
TP3: 0.445 (upper channel resistance)
š Stop-Loss:
0.392 (below trendline & recent swing low)
āļø Risk:Reward: ~2.5:1 to TP2
š Bearish Flip:
Break and close below 0.390 with strong volume invalidates the channel structure
š Note: Trend-following play within a clean upward channel ā favorable risk/reward from mid-range positioning.