$ENA /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN IN PLAY - BIG DROP LOADING!
$ENA/USDT is showing clear signs of weakness after multiple rejections at the resistance zone around 0.3490. Price action has broken below the key horizontal support and is now retesting it as resistance, setting up a clean bearish continuation towards lower levels.
Trade Setup:
Entry: 0.3480 - 0.3490
Take Profit Targets (TP): 0.3376 / 0.3347 / 0.3301
Stop Loss (SL): 0.3586
Market Outlook:
Momentum favors the bears as the market structure has shifted to lower highs and lower lows. Expect further downside as long as price remains below the 0.3490 resistance. Risk management is crucial with tight stops above the recent highs.
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buy and trade here on $ENA