ENA - Long frm 30 cents

4 Ogo

So, bit of a risky setup but think there is a decent chance ENA will find a bottom around 30 cents. It's pretty obvious that this was the opening price at launch so I expect some buying here but not interested in holding this coin any longer than that.

40 cents would be the first resistance that needs to break, if it does good chance the bottom might be in. Target should be somewhere around 0.62-0.64.

But I have to say anything could happen with those low volume market cap coins as they are easy to manipulate, so if you want to risk this trade, go with a much smaller position, maybe 1/10-20 of what you are usually trading and have proper risk management.

Stay safe!

4 Ogo

Dagangan aktif

So, reached 30 cents, now we hope and pray it wont just nuke another 30% haha

9 Ogo

Nota

Well, there was the nuke which hit my stops but it's already back above 30 cents so I'm giving this another chance :) Opened a long at 30 cent yesterday, target remains the same. Fingers crossed.