$ENA /USDT SHORT TRADE SETUP – BEARISH RETREAT FROM LOCAL HIGH

Market Structure: ENA surged to 0.6428 but quickly faced rejection. A series of lower highs and strong red candles show a shift in momentum.

ENTRY LEVEL:

Short entry between 0.6200 – 0.6280 if price continues to struggle near intraday resistance.

STOP LOSS:

Place SL above 0.6450 to guard against a sudden reversal.

TARGET POINTS:

• TP1: 0.6050

• TP2: 0.5900

• TP3: 0.5820

TRADE ANALYSIS:

After a strong pump, ENA/USDT is showing classic signs of cooling down. The rejection from 0.6428 and bearish follow-through suggest profit-taking and potential downside. Momentum is fading, and sellers appear to be gaining control.

Risk Management:

Confirm rejection with volume before entering. Stick to stop loss and adjust position size accordingly.

Trade here on $ENA