$ENA /USDT short trade signal 🚦 🛑
BEARISH SETUP — PRICE REJECTION AT RESISTANCE SIGNALS POTENTIAL DROP
The chart shows a strong upward rally that has now met significant resistance near the 0.2745–0.2767 range. Price action is showing signs of exhaustion and potential rejection from this key supply zone, suggesting a short-term bearish reversal could be forming. A bearish wick and lower time frame rejection indicate sellers may take control.
Trade Setup:
Entry Zone: 0.2740 – 0.2760 (on confirmation of rejection)
Take Profit (TP): 0.2636
Stop Loss (SL): 0.2770
Market Outlook:
The current trend suggests a likely short retracement if resistance holds. If sellers maintain pressure, a drop back to the 0.2636 support region is probable. Ideal for short scalps with tight risk control.
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