$ENA USDT BEARISH MOVE EXPECTED — SUPPLY ZONE REJECTION IN PLAY 🔻
After testing the strong supply zone near 0.2920, $ENAUSDT faced clear rejection with visible bearish momentum forming. The price attempted to break above but failed, forming a lower high structure which indicates weakening bullish strength. A potential breakdown could lead to further downside movement targeting key support levels.
Trade Setup:
$ Short Trade Signal🔴
Entry Point: 0.2875 – 0.2885
Stop Loss: 0.2925
Take Profit 1: 0.2820
Take Profit 2: 0.2765
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
Market sentiment is showing signs of exhaustion at local highs, and unless buyers step in aggressively, the structure favors a bearish continuation. Traders should monitor volume and lower timeframe confirmations for optimal entry.
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