$ENA /USDT BEARISH ANALYSIS – SHORT SETUP IN PLAY šŸ”»šŸ“‰

ENA is currently trading at $0.2928 (-6.21%), showing strong bearish momentum after a rejection from the $0.3162 high. The downtrend remains intact with lower highs and lower lows forming on the chart.

šŸ“Š KEY LEVELS:

šŸ”¹ Resistance:

• $0.3000 – Minor resistance

• $0.3100 – Strong supply zone

• $0.3160 – Recent swing high

šŸ”¹ Support:

• $0.2850 – Immediate support

• $0.2750 – Next demand zone

• $0.2600 – Major support from historical lows

šŸŽÆ TRADE SETUP (SHORT):

šŸ’„ Entry: $0.2930 – $0.2950

šŸŽÆ Targets:

• TP1: $0.2850

• TP2: $0.2750

• TP3: $0.2600

šŸ›”ļø Stop Loss: $0.3050 (above local resistance)

šŸ“‰ Trend: Bearish

šŸ“† Timeframe: 4H / 1D

āš ļø RISK MANAGEMENT:

Use proper position sizing. Risk 1-2% max of capital per trade. Set SL and stick to your plan to avoid emotional trading. šŸ§ šŸ’¼

šŸ”» Stay sharp, the bears are in control! šŸ”»

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