$ENA /USDT BEARISH BREAKDOWN BELOW KEY SUPPORT

ENA is showing signs of weakness as it breaks below key support levels. The price is currently trading at $0.6010 (-2.51%), indicating potential downside momentum in the short term.

KEY LEVELS:

Resistance Levels:

$0.6200 – Major resistance

$0.6410 – Recent swing high

Support Levels:

$0.5930 – Immediate support

$0.5700 – Next strong support

TRADE SETUP (SHORT ENTRY):

Entry: $0.6000 – $0.6050

Targets (TP):

TP1: $0.5930

TP2: $0.5800

TP3: $0.5700

Stop Loss (SL): $0.6210 above resistance zone

RISK MANAGEMENT:

Use proper position sizing (1-2% risk per trade). Wait for a clear 4H candle close below $0.6000 for confirmation. Manage the trade with trailing stop once first target hits.

#ENA #USDT #CryptoAnalysis #Bearish #Altcoins #TradingSetup #RiskManagement #TechnicalAnalysis #Write2Earn $ENA