$ENA USDT – BEAR FLAG FORMING, MORE DOWNSIDE AHEAD?

🔻 LOWER HIGHS & STRONG REJECTION NEAR $0.54

🔻 FAILED TO HOLD ABOVE $0.50 SUPPORT LEVEL

$ENA is struggling to reclaim momentum after a sharp breakdown to $0.4672. The current 1H chart shows a bearish structure, with lower highs forming and price consolidating below the key $0.50 resistance. Repeated rejection candles near $0.50 suggest selling pressure is dominant.

If $0.4952 fails to hold, we may see a retest of the $0.4794 and $0.4672 levels.

SHORT SETUP

Entry: $0.496

Target 1: $0.479

Target 2: $0.467

Stop Loss: $0.507

Risk is tilted to the downside unless bulls reclaim $0.5111 with volume.

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