$ENA /USDT – Short Trade Entry Opportunity
ENA has broken below key support and is currently retesting the $0.293–$0.295 zone as resistance on the daily timeframe. The structure shows clear lower highs, indicating a continuation of the bearish trend is likely if rejection holds.
Entry: 0.2927 – 0.2940
Target 1: 0.2650
Target 2: 0.2300
Target 3: 0.1950
Stop Loss: 0.3020
Risk Management:
This setup provides a favorable risk-reward ratio with a tight invalidation point above recent highs. Risk only 1–2% of your capital. Once price hits target 1, trail your stop to break even.
Pro Tip for Followers:
Breakdowns followed by failed retests are high-probability setups. Don’t rush, let the confirmation candle form and execute with discipline. Protect your capital, the trend will do the rest.
