#MicroStrategyJoinsNasdaq100 ENA/USDT:

### Observations:

1. **Current Price**: $1.1337, up **14.77%**.

2. **Moving Averages (MAs)**:

- **MA(5)**: $96,294.91.

- **MA(10)**: $105,260.90.

- **MA(60)**: $1.1402 (indicating resistance slightly above the current price).

3. **Volume**: Significant trading volume, with bullish dominance (green bars), though red candles also signal selling pressure.

4. **Order Book Sentiment**: **79.02% Buy**, **20.98% Sell** – a clear bullish bias in sentiment.

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### **Trade Setup:**

#### **Entry Point:**

- **Buy**: Above **$1.1350** for confirmation of bullish momentum if it breaks resistance around MA(60).

- **Sell**: Below **$1.1250**, indicating potential bearish reversal or failure to sustain above current levels.

#### **Stop Loss (SL):**

- For **Long Trade**: **$1.1200** (below recent lows and support).

- For **Short Trade**: **$1.1450** (above resistance to mitigate losses).

#### **Take Profit (TP):**

- For **Long Trade**: **$1.1535** (next visible resistance).

- For **Short Trade**: **$1.1000** (support from recent price action).

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### **Contingency Plans:**

1. **Plan A (Bullish Breakout):**

- If the price sustains above $1.1350 and crosses $1.1400 (MA60), continue holding until $1.1535.

2. **Plan B (Bearish Breakdown):**

- If the price falls below $1.1250 with increased selling volume, initiate a short position targeting $1.1000.

3. **Plan C (Sideways):**

- If the price consolidates between $1.1300–$1.1400 without clear direction, wait for a breakout before entering.

4. **Plan D (Reversal Against Trend):**

- If signals reverse (e.g., bearish candles with volume), exit trades promptly to avoid significant losses. #BinanceLaunchpoolVANA $ENA