$ENA /USDT BEARISH BREAKDOWN – LOWER HIGHS, LOWER TARGETS IN SIGHT
$ENA is facing intense selling pressure after a failed retest of the resistance zone near $0.361. Price is now consolidating just below the breakdown level, forming a bearish flag. Current price is around $0.349, and a further drop seems likely if it stays below the $0.351–$0.3608 supply zone.
Trade Setup:
Entry: $0.3509
Target: $0.3365
Stop Loss: $0.3608
Market Outlook:
This is a classic bearish continuation setup after rejection from resistance and volume spike on the breakdown. As long as the price holds below the key resistance, short momentum remains intact. Traders should monitor for any bullish divergence or reclaim of $0.361 for invalidation.
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