ENA Long Set Up swing or spot only🔹 Chart Setup
• Current Price: 0.7341 USDT
• Trend: Price has been recovering strongly after a bottom in June and is consolidating around the entry zone.
🔹 Key Levels
• Entry Zone: ~0.7341 USDT (current price is at entry).
• DCA (Dollar-Cost Average) Levels:
• 0.7229
• 0.6580
• 0.6082
• 0.5581
• 0.5117
• 0.5094
• Stop-Loss (SL): ~0.5094 USDT (below key support).
🔹 Take Profit (TP) Targets
• TP1: 0.8568
• TP2: 1.0023
• Final TP: 1.2994 – 1.3061
🔹 Trade Idea
• The setup is bullish, aiming for continuation of the uptrend.
• Risk management is built with multiple DCA support levels and a stop-loss under strong support.
• Reward-to-risk ratio looks favorable if price holds above entry and moves toward the TP zones.
Enalong
ETHENA/USDT – 4H Long Setup📊 ETHENA/USDT – 4H Long Setup
Entry: 0.6520 (Current breakout level)
Stop Loss (SL): 0.5336 (Below 4H support)
Take Profit Targets:
• TP1: 0.6174 (previous 4H resistance retest)
• TP2: 0.6606 (major resistance level, dotted yellow)
• TP3 / Extended Target: 0.7000 – 0.7003 (major swing high)
📈 Analysis:
• Price has broken above recent consolidation and is retesting upper range.
• Strong support around 0.5333 (4H) and 0.5121 (1D), giving a favorable risk/reward.
• Increasing volume on the breakout suggests bullish momentum.
• Next key resistances are clearly marked at TP1 and TP2, with potential continuation to swing high zone.
⚠️ Note: Watch for rejection at TP2 zone; a partial take profit there can secure gains while letting the rest ride towards 0.70.