$ENA /USDT Breakdown Setup – Short Opportunity Below Key Support
ENA/USDT has broken below the rising channel and key resistance-turned-support zone near 0.6180. Price is currently trading at 0.6056, showing weakness after a failed breakout attempt. The structure indicates potential downside ahead.
Trade Setup:
Type: Short
Entry Zone: 0.6050 – 0.6100
Stop Loss: 0.6400
Take Profits:
• TP1: 0.5800
• TP2: 0.5580
• TP3: 0.5388
Technical Insight:
The chart shows a clean rising wedge breakdown with a retest rejection. Price is now trading below the breakout zone, and further selling pressure may accelerate the drop. The bearish pattern remains valid as long as the price stays below 0.6200.
