Looking for a long on Ethena on a pullback into the horizontal demand zone around 0.135–0.142.
This area previously acted as a base before the rally, we're watching for a retest to hold for a bounce back towards resistance at 0.16333.
Entry: 0.14173
Stop Loss: 0.13070
Take Profit: 0.16333
$ENA @traderjayEMU 📈
$ENA LONG IDEA
Our entry zone is at a really strong horizontal level, where we have the 200 day sma and a bullish order block as well.
ENTRY: 0.139 - 0.133
SL: 0.13 (1hr candle close below)
TP1: 0.15
TP2: 0.165
TP3: 0.175