$ENA / USDT – Potential Bearish Reversal Setup 📉🔻
DOWNTREND WATCH – DOWNSIDE TARGETS IN SIGHT ⚠️
$ENA is currently showing signs of weakness near the $0.74 resistance after a recent bounce. The price is struggling to sustain above this level, indicating a possible reversal and a move lower ahead. Keep an eye on momentum as sellers might take control soon.
🔻 Trade Setup (Short Bias)
Entry Zone: $0.735 – $0.740
Take Profit 1: $0.67
Take Profit 2: $0.63 – $0.64
Stop Loss: $0.75
🔍 Market Outlook
Resistance around $0.74 acting as a strong ceiling
Price failure to break higher suggests sellers are gaining strength
Confirmation of bearish momentum if price closes below $0.73
Potential for minor pullbacks on the way down for add-on entries
As long as ENA remains below $0.74, the bearish scenario stays intact. A decisive break below $0.73 could accelerate downside momentum towards $0.63 and beyond.
📉 Trade carefully, manage your risk, and watch for confirmation before entry!
⚠️ $ENA is setting up for a potential correction — be ready to capitalize on the move!
