ENA is standing at a classic “make-or-break base-build” juncture

🕞 60-Second Read
Trend on the 1-D chart is still structurally bearish, yet price (spot 0.350 USDT) just printed a higher-low off the April wick and reclaimed the mid-channel line. Two large upside voids are now in play.

• []Hot-Zone #1 – 0.292 (15 m imbalance): fresh demand, 17 % under spot.
  []Hot-Zone #2 – 0.496 (3 MP-High retest): range cap & first breaker, 42 % above.
  
• Hot-Zone #3 – 0.836 → 0.892 (Feb pivot ↔ Yearly EC): macro supply shelf.
  

🎲 Probability Dashboard

• []HTF Trend & Structure – -2
  []Liquidity Map (voids above) – +1
  []Momentum (vector flips) – +1
  []Derivatives (funding ≈ flat) – 0
  

Net Score = 0
Bear / Neutral / Bull odds ≈ 40 % / 30 % / 30 %

📈 Trade Playbook

Strategy 1
1. Layered Limit Grid – Aggressive Counter-Trend Long
Entry layers (size %):

• []0.300 – 25 % of your allocated ENAUSDT size
  []0.280 – 35 %
  []0.260 – 25 %
  []0.240 – 15 %
  

SL = 0.215

TP ladder:

• []0.350 – 20 % off-load
  []0.496 – 25 %
  []0.836 – 30 %
  []1.040 – 25 %
  

Weighted R:R ≈ 7.3

Strategy 2
2. Layered Limit Grid – Conservative Breakout Long
Trigger: daily close > 0.496, then place grid orders.

Entry layers (size %):

• []0.510 – 40 %
  []0.570 – 30 %
  []0.650 – 20 %
  []0.836 – 10 %
  

SL = 0.440

TP ladder:

• []0.836 – 30 %
  []1.040 – 30 %
  []1.516 – 25 %
  []1.550 – 15 %
  

Weighted R:R ≈ 4.8

Setup Logic

• []Price reclaimed mid-channel but remains inside a 69 % upside void to 0.836.
  []Stacked un-retested highs (0.496 / 0.836 / 1.040) act as magnetic targets.
  
• Yearly S1 (0.220) converges with vector zone support – ideal invalidation.
  

Risk Radar

• []Perp OI up 18 % WoW – a funding spike could squeeze late longs.
  []Two token unlocks (2 & 5 May) add ≥ 200 M ENA supply.
  
• Macro: FOMC (1 May) & BTC flow volatility may spill into alts.
  

ENA must flip 0.496 to sprint through the 0.84-1.04 air-pocket; fail that and liquidity magnets at 0.30 → 0.22 take the wheel. Trade the grid – not the hopium.

(Not financial advice – always do your own research.)