ENA is trading in the lower half of the active range, and price action is still testing conviction on lower timeframes. Momentum is still mixed and not fully one-sided Volume expansion on 15M suggests participation is increasing. Structure currently reads DOWN/SIDE/SIDE, with broader bias around BEARISH. My view favors a rejection-based short plan while structure keeps printing weaker rebounds. Execution should stay disciplined. Setup quality is LOW. Current RR is around 1.83. Chasing pressure is 0%.
📌 ENA | SHORT SETUP 📉
Trade Plan:
🎯 Entry: 0.10650 - 0.10681
🛑 SL: 0.10787
✅ TP1: 0.10556
✅ TP2: 0.10399
✅ TP3: 0.10273
Why this setup?
- 4H is down; 1H not fully confirmed but does not break the bias.
- 15M squeeze while still below EMA20.
- MACD 15M confirms bearish momentum.
- RSI remains in a bearish regime.
- 15M volume expanded, supporting confirmation.
📊 Bias Confidence: 58% | Execution Confidence: 70% | RR: 1.83 | Setup Quality: LOW
Trade responsibly; crypto markets are volatile and past performance is not indicative of future results.
⚠️ Personal view only. Manage risk and position size before entry.