$ENA /USDT - Short setup as bearish pressure builds
$ENA is struggling to maintain above $0.5470 after a sharp decline, with the parabolic SAR indicating a bearish continuation. Resistance is strong at the level of $0.5544, while the recent low at $0.5332 may be retested soon.
Entry (short position): $0.5460 - $0.5480
Target 1 (TP1): $0.5390
Target 2 (TP2): $0.5330
Stop-loss (SL): $0.5560
Momentum remains weak, and failure to recover the level of $0.5544 could accelerate the downward trend. Watch for an increase in selling volume!