$ENA /USDT short tread single 🛑
BEARISH RETEST IN PLAY – SHORT TRADE SETUP!
ENA has failed to hold above the $0.3430–$0.3450 resistance zone and is now showing a classic lower high pattern. Price is currently retesting the broken support-turned-resistance, suggesting a strong short opportunity as sellers regain control.
🔻 Trade Setup (SHORT):
Entry Zone: $0.3415 – $0.3430
Target 1: $0.3357
Target 2: $0.3316
Target 3: $0.3282
Stop Loss: $0.3458
Why Short?
Multiple rejection wicks and a failed breakout above $0.3450 point to buyer exhaustion. The bearish engulfing candles near resistance confirm supply zone pressure. If price fails to reclaim $0.3458, it opens room for a clean downside move toward previous support levels.
Risk Management Tip:
Keep SL tight above $0.3460 — a breakout above would invalidate the bearish setup. Adjust SL to entry once price breaks below $0.3357 for a risk-free ride.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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$ENA