ENA is looking ripe for a short, with a potential breakdown on the cards. We've got a solid setup shaping up here
━━━━━━━━━━━━━━━━━━━━━
🔴 ENA SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.087582 – $0.087758
🛑 Stop Loss: $0.090300 (-3.0%)
🎯 TP1: $0.086355 (+1.5%)
🏆 TP2: $0.083286 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
━━━━━━━━━━━━━━━━━━━━━
Market structure break on CHoCH, volume confirming direction with CVD, and a fair value gap on FVG - all pointing to a sweet short opportunity. OB and POI confluence are also overlapping, adding to the conviction. This thing's got all the makings of a profitable trade
With a 3.0% stop loss, this one's not too tight, so we can afford to run some decent leverage, maybe 2-3x
If we hit TP1, consider taking some profit off the table to lock in those gains and ride the rest out to see where it takes us
Not financial advice — always manage your own risk 🙏
#ENAUSDT $ENA #SMC #Write2Earn #Binance