Entry: $0.107–$0.109 (current market price ≈ $0.108)
Stop Loss: $0.102 (below immediate support)
Take Profit: TP1 $0.115 | TP2 $0.120
Risk/Reward: 1:2+
Timeframe: 4H–Daily swing (hold 1–5 days)
Rationale: ENA is testing the lower boundary of a descending parallel channel on the hourly chart, sitting right at key support ($0.105–$0.10 zone). Technicals are neutral overall with buy signals emerging on some moving averages; 24h volume remains healthy ($50M). Watch BTC/ETH correlation for confirmation.
Position sizing: Risk max 1–2% of capital. Use 5–10x leverage on futures only if $ENA experienced.
Invalidation: Close if breaks and holds below $0.102. Not financial advice — DYOR, crypto is volatile.#CryptoEU #CryptoUS #ena #EuropeanTraders #USTraders $ENA
