$ENA /USDT BEARISH BREAKDOWN – SHORT SETUP AFTER STRONG REJECTION
ENA is under heavy selling pressure, currently trading at $0.5389 (-7.55%) after a sharp rejection from the $0.5829 resistance. The price has broken below multiple short-term support levels and is now approaching the critical $0.5110 low. A breakdown here could lead to accelerated downside.
🔍 Key Technical Levels
Resistance:
• $0.5829 – 24h high and major rejection zone
• $0.5500 – Minor resistance
Support:
• $0.5350 – Immediate support (under threat)
• $0.5110 – 24h low and key breakdown level
• $0.4800 – Next strong support zone
📉 Bearish Trade Setup (SHORT)
Entry: Below $0.5350 (aggressive), or confirmed breakdown below $0.5110
Stop Loss (SL): $0.5550
Take Profit (TP):
• TP1: $0.5110
• TP2: $0.4800
• TP3: $0.4500
⚠️ Risk Management Tips
Use 1–2% of your capital per trade.
Confirm breakdown with volume spike + bearish divergence on 1H/4H.
ENA is highly volatile — adjust leverage and position sizing accordingly.
> 🧠 Bears are in control. A close below $0.5110 would open up more room to fall. Bulls must reclaim $0.555+ to shift bias.
Let me know if you want a visual summary of all bearish setups you’ve collected (now 13+ coins).
#ProjectCrypto #TrumpTariffs #MarketPullback #WhiteHouseDigitalAssetReport $ENA