$ENA /USDT FACES STRONG SELL-OFF – BEARS TARGET $0.2850 NEXT
$ENA /USDT is trading at $0.2962, down -3.58% in the last 24 hours. After getting rejected near the $0.3162 resistance, the price is steadily declining, now approaching the key support at $0.2850. The 15-minute chart reflects a clear downtrend with no signs of bullish reversal yet.
Bulls must defend the $0.2850 zone or risk a deeper drop toward the $0.2700 area. Momentum remains weak, with sellers dominating across lower timeframes.
📊 Key Technical Levels:
🔻 Resistance: $0.3050 – $0.3162
🔻 Support: $0.2900 – $0.2850
🔻 Current Price: $0.2962
📉 Trade Setup (Bearish Bias):
Entry: Below $0.2900 on confirmation
🎯 TP1: $0.2850
🎯 TP2: $0.2700
🛑 SL: Above $0.3050
🔍 Market Outlook:
ENA continues to bleed after consistent lower highs and failed bullish attempts. Watch for a break of $0.2850 with volume for accelerated downside. If buyers step in there, a short-term bounce may occur, but trend favors bears.
📌 Risk Management:
Stick to position sizing and stop-loss discipline. Don’t enter without breakout/breakdown confirmation. Limit risk per trade to 1–2%.
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