ENA/USDT 6th of February

THE START A trade we took on the 6th of February (Link to Technical Analysis) played out perfectly—price dropped straight into our target zone, giving us a solid 40% move!

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DETECTED BREAK OF STRUCTURE The first thing that caught our attention was the BoS that formed right after a clean re-test of the broken 200EMA, which had been acting as a strong trend holder at that point. That BoS was the confirmation we needed—a clear sign that price was about to dip further down, hunting for a proper foundation to bounce from.

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TARGET ARE DETECTED AND REACHED

After a successful BoS, the next step was to identify a zone where price would likely face some struggle and potentially bounce from. We marked our target around that long candle on the daily timeframe—it left multiple untested zones and gaps, making it the perfect area for price to drop into and react from.

THE END In total, this position was open for 26 days. On the 13th day, price first tapped the upper side of our target zone. While this was a long-term position, that 40% move was locked in on spot—a solid play overall. Swallow Academy