$ENA /USDT – Bearish Trend Setup for Spot and Futures Traders
Current Price: $0.5448
Today’s Gain: +7.86%
Volume: 753.59 Million ENA
Category: DeFi
Why Watch ENA Now?
ENA went up today but failed to stay above $0.55. The price is dropping again, showing weakness. Sellers are active and price may fall more if it stays under $0.55.
Key Price Levels:
Resistance (price may face difficulty): $0.5500 and $0.5600
Support (price may stop falling): $0.5200 and $0.5000
Trade Plan:
Entry for Short: $0.5450 – $0.5500
Stop Loss: $0.5550
Target 1: $0.5200
Target 2: $0.5000
Target 3: $0.4850
In Short:
ENA is weak below $0.55. If price stays under this level, it may drop further. Short trade can give profit if the downtrend continues. Traders should manage risk with proper stop loss.