Detailed analysis of the proposed ENA trading setup:

### 1. **Technical Context:**

- **Key Resistance Level:** The price shows repeated rejection at the $0.5020 area, indicating strong selling pressure or distribution by potential buyers.

- **Prevailing Downtrend:** Trend analysis indicates the dominance of sellers in the medium term, with the formation of lower highs and lower lows.

- **Exhaustion Signals:** Candlesticks near resistance (such as a "shooting star" or "cloud cover") or low volume may be an indication of weak bullish momentum.

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### 2. **Entry and Exit Points:**

- **Short Entry Zone:**

- **Conditions:** Wait for a decisive closing below the $0.5020 level with an increase in volume, to avoid false signals.

- **Suggested Strategy:** Entry in stages (50% on initial break, 50% on bounce towards previous resistance).

- **Take-Profit Targets:**

- **Target 1 ($0.4850):** Previous support area with high liquidity, may witness partial profit taking.

- **Target 2 ($0.4700):** Key psychological level (recall number) with weak support potential.

- **Target 3 ($0.4660):** Strong long-term support area, may be a potential reversal point.

- **Stop-Loss:** Above $0.5170 (above previous resistance top) to avoid short-term volatility.

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