📊 #ENA /USDT – Testing Major Resistance Again!

$ENA A is trading close to 0.2445, up +1.12% on the day. Intraday range shows a high of 0.2461 and low of 0.2398, with price once again pushing into a strong supply zone.

📌 Reason / Market Context:

Volume is increasing as ENA retests the 0.2467 resistance. Historically, this zone has triggered sharp sell-offs, signaling active sellers. The structure still leans bearish unless ENA prints a clean candle close above the zone.

📌 Key Levels:

• Major Resistance: 0.2467

• Support Levels: 0.2390 – 0.2345 – 0.2290

📉 Trend Outlook:

Still bearish below 0.2467; bulls need a confirmed breakout to shift momentum.

📌 Trade Idea (If/Then):

• If ENA rejects 0.2467, then a short move is likely toward support levels.

• If ENA closes above 0.2500, bearish invalidation and upside momentum can appear.

🎯 Short Setup (from Resistance):

Entry: 0.2440 – 0.2467

TP1: 0.2390

TP2: 0.2345

TP3: 0.2290

SL: 0.2500

#IPOWave #ProjectCrypto #Market_Update #ENA