【$ENA Signal】1H Breakout and Pullback Confirmation, Main Force Supports the Market, Short-term Rebound Sniping

$ENA The 1H timeframe is consolidating strongly in the 0.1000-0.1010 range. Recently, it broke through the previous 4H high of 0.1018 with increased volume, indicating renewed buying interest. Although the 4H trend remains downward, the latest candle closed with a long lower shadow and a bullish body, and the depth of buy orders far exceeds sell orders. The main force’s support intention is clear, presenting an excellent short-term trading opportunity.

🎯Direction: Go Long (Long)

🎯Entry/Order: 0.1012 - 0.1015 (Reason: Breaks above the 1H short-term consolidation zone’s upper boundary and stabilizes above EMA20_1H)

🛑Stop Loss: 0.0995 (Reason: Breaks below the strong support platform and previous low on the 1H timeframe, also at the lower band of ATR_14)

🚀Target 1: 0.1032 (Reason: Resistance at previous high and pressure from the 4H EMA20)

🚀Target 2: 0.1050 (Reason: Resistance from the 4H downward trendline and Fibonacci 0.382 retracement level)

🛡Trade Management:

- Position Size Suggestion: Light Position (Reason: The 4H trend remains bearish; this is a counter-trend rebound game, requiring strict risk control)

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1012. If the price strongly breaks through 0.1032 and stabilizes, target the remaining position at 0.1050.

Deep Logic: Market depth shows a large volume of buy orders below 0.1000, forming a solid support wall. Open interest remains stable, with no significant reduction during price declines, indicating no main force distribution. The 1H RSI has risen above the 50 midline, showing buy momentum is building. Combined with the imbalance in buy order depth (+4.87%) and active buy transaction ratio, there is potential for a short-term short squeeze rebound.

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