I open a LONG position on coin $ENA 💵 — I have left the formula of a successful trade below ⬇️
Entry point: $market - 0.5%.
Take's: $0.35; $0.5; $0.65; $1.
Stop-loss: $0.2
❗️ Colleagues, when opening a position it is extremely important to control risks, so I urge you to watch your margin and not to take leverages more than 25x.
The price dropped 40% after breaking the uptrend channel. Currently, the RSI on all timeframes is in oversold levels.
I think there will be a technical rebound here, combined with the Roadmap news. The risk below this level is low, however, it will take time for it to absorb all the selling pressure and bounce back strongly.