$ENA | Range-Bound Below Key Moving Averages — Awaiting Breakout
Price is consolidating between $0.1625–$0.1800 after a strong downtrend.
All major MAs (7, 25, 99) are above price, keeping the trend bearish.
A break above $0.1800 could signal a short-term reversal.
A break below $0.1625 may resume the downtrend toward $0.1500.
Trade Plan:
✅ Long Entry: Above $0.1800 (with volume)
📈 Long Target: $0.1950 → $0.2100
🛑 Long SL: Below $0.1620
✅ Short Entry: Below $0.1625
📉 Short Target: $0.1500
🛑 Short SL: Above $0.1820
Wait for the range to break — trade in the direction of the breakout.
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ENA
0.1684
+0.23%