📌 ENA – Signs of recovery after the correction, short-term Long position

#ENA

#MarketPullback

#futurestraders #PhanTichKyThuat

1. Overview

• Current price: 0.3399 USDT

• 24h volatility: +12.02%

• 24h trading volume: ~$305 million

• Quick note: Price is recovering after a strong correction, positive short-term signal 

2. Technical trend

• 15 minutes: Slight increase; RSI recovering from the oversold zone

• 1 hour: Increase; price surpasses MA(50), positive signal

• 4 hours: Increase; breakout from the descending wedge pattern, heading towards resistance $0.37–$0.41

• 1 day: Neutral; needs to surpass MA(200) at $0.41 to confirm long-term uptrend

3. Trade proposal

🔵 Spot (Medium-long term investment)

• BUY: 0.330 – 0.340 USDT

• TP: TP1: 0.37 USDT, TP2: 0.41 USDT

• SL: 0.31 USDT

• Reason: Price is recovering after a strong correction, positive short-term signal 

🔴 Future (Short-term trading)

• Strategy: Long position

• Entry: 0.330 – 0.340 USDT

• TP: TP1: 0.37 USDT, TP2: 0.41 USDT

• SL: 0.31 USDT

• Probability of success: Average

• Note: Monitor trading volume and reaction at resistance zone $0.37–$0.41 to adjust strategy accordingly 

⚠️ Warning

• If BTC fluctuates significantly, technical signals may become invalid.

• Always set SL to manage risk.

Summary: ENA is showing short-term recovery signals after a strong correction. However, it is necessary to monitor the reaction at the resistance zone $0.37–$0.41 to confirm a sustainable uptrend.

$ENA