$ENA /USDT – Short Trade Entry Opportunity! 🔥💯
$ENA is currently under heavy selling pressure, trading at $0.2764, down over 11.27% in the last 24 hours. The chart confirms a clear breakdown from recent support, with price action forming consistent lower highs and lower lows on the 15-minute timeframe.
Bearish Setup Explanation:
A failed bounce attempt and increased volume on red candles suggest strong bearish momentum. The rejection near $0.2829 aligns perfectly as a stop zone, making this a clean short opportunity.
Trade Setup:
Entry: $0.2765
Target 1: $0.2660
Target 2: $0.2580
Target 3: $0.2510
Stop Loss: $0.2829
Risk Management:
This setup has a favorable risk-to-reward ratio. Ensure your position size is calculated based on total capital. Move SL to breakeven once Target 1 is reached to protect profits.
Pro Tip for Followers:
Shorting works best in strong downtrends—follow price structure, not emotions. This is a textbook breakdown play; act timely and manage risk wisely.