🔻 $ENA /USDT Rejection at Local Highs! SHORT Setup Active!
$ENA pumped hard but is now rejecting from the resistance zone, carving out a potential lower high and showing fading buyer strength. Momentum looks weak, opening the door for a pullback toward the demand area.
📉 Short Trade Setup (Futures)
• Entry Zone: $0.2576 – $0.2587
• Target 1: $0.2550
• Target 2: $0.2525
• Target 3: $0.2500
• Stop Loss: $0.2607
Market Outlook:
After repeated failures to clear $0.258, sellers could take advantage of a squeeze lower. Watch for a 15m close under $0.256 to confirm momentum before entering. Manage your risk carefully quick bounces can happen around key supports.