$ENA /USDT ⚡ BEARISH PRESSURE CONTINUES – WATCH SUPPORT!

📉 Technical Overview:

ENA is currently trading at $0.4926 on Binance. The 1D chart shows recent weakness with lower highs and lower lows forming, signaling a bearish trend. Immediate momentum suggests further downside unless the price holds key support levels.

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🔑 Key Levels:

Major Resistance: $0.5200 – $0.5400

Current Price: $0.4926

Immediate Support: $0.4800

Strong Support Zone: $0.4600 – $0.4400

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🎯 Trade Setup:

Position: SHORT 🔻

Entry: ~$0.4950 – $0.5000

Targets (TP):

TP1: $0.4800

TP2: $0.4600

TP3: $0.4400

Stop Loss (SL): $0.5050 (above recent resistance)

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⚠️ Risk Management:

Risk only 1–2% of your portfolio. Wait for confirmation of rejection at resistance before entering. Use trailing stops if price approaches TP1 for partial profits.

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