ENA Spot Trading Strategy

Looking at ENA's price action, here's a practical entry setup for spot buyers. The idea is to accumulate on dips with three scaled entries:

Start with a 30% position at 0.233, then add another 30% if the price pulls back to 0.214. Finally, load up the remaining 40% at 0.195 if we see further weakness. This tiered approach helps manage risk and improves your average entry.

For profit targets, take profits gradually—lock in gains at 0.257, 0.285, 0.32, 0.37, and 0.44 on the way up. If you're holding for the longer term, the extended targets sit around 0.6 to 0.8.

Risk management matters: place your stop loss at 0.1867 to protect against unexpected downside. This level keeps losses manageable if the setup breaks down.