$ENA /USDT short tread single š“ š¦
SHORT SIGNAL ā LOWER HIGH FORMING AFTER REJECTION AT PEAK!
$ENA reached a 24H high of $0.3370 but quickly retraced, showing strong resistance at the top. After breaking down from the recent uptrend, it has formed a potential lower high near $0.3275, hinting at a short-term reversal. Price is stalling just below the average line with weakening bullish follow-up.
Trade Setup (SHORT):
Entry: $0.3270 ā $0.3295
Target 1: $0.3195
Target 2: $0.3120
Stop Loss: $0.3330
Why Short?
The recovery bounce failed to reclaim the high, forming a classic lower high pattern. Candlestick structure is weakening, and volume on the bounce is lower than the push down ā signs that bulls are losing steam. If $0.3250 breaks, more downside is likely.
Risk Management Tip:
Donāt chase breakdowns late. Stick to the entry zone and use your SL wisely ā invalidation above $0.3330 protects your capital.
Sell smart ā donāt chase green candles when the trend is turning red!
Ride the momentum before it fades ā profits favor the fearless!
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$ENA