$ENA USDT – SHORT TRADE SIGNAL🔴
RESISTANCE REJECTION AT $0.3555
BEARISH STRUCTURE BELOW SUPPLY ZONE
ENAUSDT failed to hold above the key resistance zone at $0.3555–$0.3568, forming a strong rejection wick and confirming bearish pressure below the supply area. Price is now trading at $0.3509, signaling a potential move down toward support.
📉 Price Action:
After multiple rejections at resistance, ENA is showing lower highs and bearish engulfing candles near the key supply zone, indicating a possible continuation to the downside.
📊 TRADE SETUP:
• Entry Point: $0.3500 – $0.3550
• Stop Loss: $0.3641
• Take Profit 1: $0.3475
• Take Profit 2: $0.3353
• Take Profit 3: $0.3188
• Margin: 2–3% of wallet
• Leverage: 10x
📌 MARKET OUTLOOK:
Bearish bias remains valid below $0.3568. As long as ENA trades under this supply zone, short positions are favored with downside targets approaching previous demand levels.
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