$ENJ /USDT BEARISH BREAKOUT ALERT 🚨 – SHORT SETUP AS SUPPORT CRACKS!
📉 Current Price: $0.0666
🔻 Trend: Bearish (Support Breakdown in Progress)
📊 24h Range: $0.0664 (Low) – $0.0717 (High)
📍 Exchange: Binance
🔑 KEY LEVELS TO WATCH:
Resistance Zones:
🔸 $0.0700 – Nearest resistance from breakdown
🔸 $0.0717 – Daily high, strong supply zone
Support Zones:
🔹 $0.0660 – Immediate weak support (currently testing)
🔹 $0.0635 – Next strong support
🔹 $0.0600 – Psychological level
🔥 TRADE SETUP: SHORT POSITION
🧨 Entry: $0.0665–0.0668 (after weak retest or bearish candle confirmation)
🎯 Take Profit (TP):
✅ TP1: $0.0635
✅ TP2: $0.0600
✅ TP3 (Runner): $0.0570
🛡️ Stop Loss (SL): $0.0705 (above recent rejection zone)
📉 WHY BEARISH?
Price has broken below the key $0.0670 horizontal support 📉
Failing to reclaim $0.0700 with declining volume = weak bulls 🐻
Lower highs on 1H and 4H confirm downward momentum
Bearish pressure increasing with no visible bounce strength
⚠️ RISK MANAGEMENT ESSENTIALS:
🔹 Risk 1–2% of total capital per trade
🔹 Use SL religiously, and avoid over-leveraging
🔹 Secure partial profits at TP1, trail SL for runners
🚫 Stick to the plan. No emotions. Just execution. 🚫
💣 Trade safe, trade smart – and always DYOR! 💣
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