Bearish Breakdown Setup on $ENA /USDT – Short Entry Opportunity
ENA/USDT is showing weakness on the 15m chart after failing to hold above recent support levels. Price has been rejected near resistance zones and is now testing the lower boundary with increasing selling pressure. The breakdown pattern indicates potential downside continuation if momentum sustains below current levels.
Entry: 0.6742
Target 1: 0.6600
Target 2: 0.6500
Target 3: 0.6434
Stop-Loss: 0.6934
Risk Management: Use 3–5% capital allocation for this setup. Once Target 1 is achieved, shift Stop-Loss to entry level to secure risk-free trade management.
Pro Tip: Watch the volume closely — if sell pressure increases with higher volume on red candles, it may confirm a strong bearish move toward lower supports.