$ENA / USDT — Bullish Reversal Setup (Short-Term)
$ENA is showing early signs of a trend reversal after an extended downside move. Price has successfully defended the $0.192–0.193 zone and is now trading back above $0.200, indicating improving market structure.
Trade Zone (Scalp Setup)
Entry Area: $0.2015 – $0.2035
Leverage: 10x–20x (Isolated, risk-managed)
Stop-Loss: $0.1920 (below key support)
Upside Levels:
TP1: $0.2100
TP2: $0.2180 (key resistance)
TP3: $0.2300 (extension)
Technical Notes:
A clear double-bottom formation has developed near $0.1929.
Price is forming higher lows, signaling momentum shift.
Buying pressure is increasing, supported by a noticeable volume expansion on lower timeframes.
After a deep multi-week correction, ENA is positioned for a technical bounce.
As long as price holds above the invalidation level, upside continuation remains the preferred scenario.
Manage risk carefully and avoid overexposure in volatile conditions.
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