Technical analysis by Mails_08 about Symbol ENA: Buy recommendation (8/7/2025)

ENA has been gaining solid traction over the past few weeks, and the chart is shaping up nicely. Here are two trade scenarios I’m currently tracking: 🔻 THE SELL SETUP This sell trade carries moderate risk, as the sell-side order block has already been mitigated. However, it still holds potential for a short-term decline. •Entry: $0.6655 •Target: $0.5327 •Stop Loss: $0.7035 If we hit the sell target, price may bounce briefly—giving us another opportunity to buy before a possible continuation to our deeper buy point. 🟢 THE MAIN BUY SETUP (POI) This is my preferred scenario. We’ve had a Break of Structure (BOS) on the left side, making the BOS Origin combined with Inducement (IDM) a strong confluence for the next bounce. •Entry: $0.4534 •Target: $0.6940 •Stop Loss: $0.4131 Let’s see how this plays out—good luck to us! #ENA #Ethena #CryptoTrading #Altcoins #TradeSetup #SMCtrading