#ENA has shown a classic accumulation + breakout structure!
🔹 Phase 1: Downtrend – From 1.00 to 0.25, #ENA went through a steep correction.
🔹 Phase 2: Accumulation – Price consolidated for a while, forming a strong base.
🔹 Phase 3: Breakout – #ENA has now closed a daily candle above the accumulation zone – a strong bullish signal!
📊 Trade Plan:
✅ Long Entry: At CMP or on a retest of the breakout zone
🎯 Targets: 0.80 - 1
🛡️ Stop Loss: Just below the accumulation zone
⚠️ Risk Management is key – stay smart and disciplined!
💬 What’s your take on #ENA’s next move? Share your thoughts below!
🧠 Follow for more breakout setups, trend analysis & educational content.
#ENA #CryptoBreakout #Accumulation #Altcoins #TradingView #CryptoAnalysis #TechnicalAnalysis #TrendReversal
🔹 Phase 1: Downtrend – From 1.00 to 0.25, #ENA went through a steep correction.
🔹 Phase 2: Accumulation – Price consolidated for a while, forming a strong base.
🔹 Phase 3: Breakout – #ENA has now closed a daily candle above the accumulation zone – a strong bullish signal!
📊 Trade Plan:
✅ Long Entry: At CMP or on a retest of the breakout zone
🎯 Targets: 0.80 - 1
🛡️ Stop Loss: Just below the accumulation zone
⚠️ Risk Management is key – stay smart and disciplined!
💬 What’s your take on #ENA’s next move? Share your thoughts below!
🧠 Follow for more breakout setups, trend analysis & educational content.
#ENA #CryptoBreakout #Accumulation #Altcoins #TradingView #CryptoAnalysis #TechnicalAnalysis #TrendReversal
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.