$ENA /USDT short tread signal 🚦 🔴
SHORT TRADE SIGNAL: REJECTION NEAR SUPPLY ZONE!
$ENA faced rejection near the $0.3499 resistance, failing to break out despite a temporary DeFi sector pump. Price is now stalling and forming lower highs with weakening momentum — signaling potential downside ahead.
🔻 Trade Setup (SHORT):
Entry Price: $0.3430 – $0.3480
Target 1: $0.3300
Target 2: $0.3160
Target 3: $0.3030
Stop Loss: $0.3535
📉 Why Short?
The price was unable to close above the $0.3499 resistance and is now hovering near trendline rejection on the 1H chart. Volume has started to drop while wicks suggest strong sell pressure above $0.3450. If $0.3340 breaks, bears could accelerate.
⚠️ Risk Management Tip:
Use a strict stop loss and secure profits at each target level. In high-volume zones like this, sharp reversals are common — stay disciplined.
Sell and Trade here on $ENA
