【$ENA Signal】Pullback, Good Entry! 1H RSI Divergence, Clear Signs of Institutional Support

$ENA On the 1H timeframe, ( is oscillating and building a base at a key support zone. While prices have declined slightly, open interest remains stable with no panic selling observed, suggesting institutions may be supporting the price. The 1-hour RSI has rebounded from lows to around 47, indicating weakening downward momentum with potential bottom divergence. Current price is approaching the optimized entry zone, making it an excellent opportunity to position for a bounce.

🎯Direction: Long

⚡Entry/Orders: 0.1036 - 0.1057

🛑Stop Loss: 0.1014

🚀Target 1: 0.1165

🚀Target 2: 0.1219

🛡️Trade Management:
- Execution Strategy: Reduce position by 50% upon reaching Target 1 and move stop loss up to entry price. Hold remaining position for Target 2; if price retraces to break-even level, exit completely.

) In-Depth Logic: Price declining while open interest remains stable. Combined with market signals, this looks more like long liquidations rather than institutional distribution. The 1H candle has found support multiple times near 0.1065, with balanced buy depth. 0.1014 below is strong support and previous low. 1H RSI shows momentum is recovering; once price holds above the 1H EMA20 (0.1082), the bounce will accelerate. $ENA

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