$ENA – SHORT TRADE SIGNAL AS BULLS LOSE MOMENTUM BELOW $0.6350
REJECTION FROM LOCAL HIGH AT $0.6428
BEARISH STRUCTURE WITH LOWER HIGHS
$ENA has failed to sustain above the $0.64 resistance and is now printing lower highs and lower lows on the short-term chart. Price is breaking below intraday support at $0.6260, opening downside potential as volume fades and sellers step in.
Trade Setup:
Short Entry: $0.626
Targets: $0.615 / $0.602
Stop Loss: $0.636
Market outlook leans bearish as selling pressure increases near top-heavy zones.
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