$ENA #ENAUSDT🚨
📌Analysis + Trade
🔥 Downward explosion for ENAUSDT with continued selling pressure
⏱️ ENAUSDT
Analysis on the hourly frame (1H)
Current price: $0.6927 (±6.88%)
👈 Technical analysis in brief:
After a bearish candle at $0.6927, the price failed to maintain support levels.
The price is below EMA7 ($0.7147) and EMA25 ($0.7262) and EMA50 ($0.7580) → Seller dominance.
RSI6 at ~32 → Selling overbought necessitates further downward pressure.
🔷 Trade settings:
✅ ENA/USDT (Sell) SHORT – priority
🔰 Entry price upon breaking support: $0.6900
🎯 Targets (expected within the coming hours):
• $0.6880
• $0.6850
• $0.6800
• $0.6750
🛑 Stop loss: $0.6950
📌 Trader's advice:
Make sure to close the 1H candle below $0.6900 with high selling volume before entering.
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✅ ENA/USDT (Buy) LONG – for corrective bounces
🔰 Entry price upon breakout: $0.7000
🎯 Targets (short corrections):
• $0.7030
• $0.7060
• $0.7090
• $0.7120
🛑 Stop loss: $0.6880
📌 Trader's advice:
Wait for the 1H candle to close above $0.7000 with clear volume before entering.
✨“Always make sure to follow the news and updates related to the market, as they may affect price movements.”