$ENA BEARISH MOVE EXPECTED – SHORT OPPORTUNITY!
Current Price: $0.3589
Key Resistance: $0.3700 - $0.3892
Key Support: $0.3500 - $0.3300
The price has recently rejected a resistance zone near $0.3700 and is now breaking below a key support area. A retest of this broken support as new resistance may confirm further downside movement.
📉 Trade Setup - SHORT Position
Entry: $0.3600 - $0.3650 (on retest)
Take Profit (TP): $0.3450 | $0.3350
Stop Loss (SL): $0.3750
📊 Market Outlook
Momentum indicates bearish pressure with the potential for further decline if resistance at $0.3700 holds. Confirmation on retest is recommended before entry.
⚠️ Risk Management
Always manage your risk by using proper position sizing and adhering to your stop-loss strategy. Never risk more than 1-2% of your trading capital per trade.
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