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Short Position Strategy on ENA with Multiple Targets and Stop-Loss
This watch list suggests trading the ENA cryptocurrency with a sell position. Entry points are set at 0.67 and 0.74, aiming for targets around 0.645, 0.640, gradually down to 0.580. The stop-loss is triggered if the four-hour candle closes above 0.765. The recommended trade is a low-volume sell with 2x leverage, emphasizing careful volume management due to the swing nature of the setup.
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AI Analysis
The provided trading plan for ENA is based on a technical analysis that suggests a bearish trend, indicated by the sell recommendation. Entry points at 0.67 and 0.74 are likely chosen based on resista...
AI Recommendation
Based on this analysis, traders interested in ENA should consider executing the sell order with caution, adhering strictly to the specified entry points and monitoring the price action for the four-ho...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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strong buy