Technical analysis by Goldfinch_song about Symbol ENA: Buy recommendation (8/27/2025)

ENA is tracking a higher-timeframe bullish structure while eyeing a deep retest at $0.40. That zone aligns with prior demand and alert levels from the author. The monthly support / invalidation sits at ~$0.238 — a break below would negate the idea. Trade Plan (Swing) Entry: $0.4000 (limit; consider a ladder $0.415 → $0.400 → $0.385) Stop (hard): $0.2380 (monthly break) → −40.50% Targets: TP1: $0.70 (+75.0%) — partials/stop to BE TP2: $0.90 (+125.0%) — main take TP3 (stretch): $1.20 (+200.0%) Baseline R:R: ~3.09 : 1 (0.40 → 0.90 vs. 0.238) Scenarios A) Preferred — Deep Retest & Reversal at $0.40 Trigger: Wick into $0.41–$0.39 with H4/W1 SFP/BOS + reclaim of $0.40. Execution: Fill ladder; add on reclaim > $0.40 (flip to support). Invalidation: Daily/Weekly close < $0.238 (monthly level lost). Tighten if H4 structure fails repeatedly below $0.39. B) Shallow Pullback, Continuation Above $0.40 Trigger: Hold >$0.40 without a deep tag; higher lows on H4. Execution: Buy on retest $0.40–$0.41 with confirmation (LL→HL shift). Invalidation: H4 acceptance < $0.40 (failed flip); hard stop unchanged $0.238. Smart Money View Setup resembles a “deep reload” into demand before expansion. If $0.40 holds and flips, the draw favors inefficiency fills toward $0.70 → $0.90, with $1.20 as extension once weekly momentum compounds. Risk & Management Size down to respect the HTF stop distance; ladder entries to improve average. After TP1 $0.70, move stop to break-even and trail below fresh higher lows on H4/D1. Avoid chasing mid-range between $0.45–$0.65 without a clean pullback or structure break.