it's super strong hahahaha in the low of your thought hahahaha
Professor Mike Official
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Bearish
$ENA /USDT Short Trade Opportunity: Momentum Weakness Points to Further Decline! 🔥💯
$ENA /USDT is showing signs of weakening momentum after failing to hold above the 0.4600 resistance level. The recent rejection at the high of 0.4794 signals potential downside pressure, with the price now trading below key intraday levels. Bearish pressure is increasing as the price forms lower highs, suggesting a possible breakdown toward the next support zones. A short position at current levels provides an attractive risk-reward setup given the ongoing selling pressure and market structure shift.
Entry: 0.4470 Take Profit (TP): 0.4300 Stop Loss (SL): 0.4550
If the price breaks below 0.4400, expect accelerated selling toward 0.4300. Watch for increased volume and a potential liquidity grab below key lows before confirmation. Manage risk carefully and adjust stops if momentum shifts.