🚨 $ENA /USDT – DeFi Pullback Near Major Support! 🚨

🧩 Smart Money Watching the Dip – Is a Rebound Coming?

🔹 Current Price: $0.3876 (-2.47%)

🔹 24h High: $0.4149

🔹 24h Low: $0.3850

🔹 24h Volume: 170.66M ENA | $68.29M USDT

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📉 Bearish Setup – Short on Weak Rebounds

Entry Zone: $0.3930 – $0.3980

TP1: $0.3750

TP2: $0.3620

TP3: $0.3480

Stop Loss: $0.4105

📊 Market Insights:

$ENA has faced steady selling pressure, dropping near its key support zone at $0.3850. Despite decent volume, recovery attempts above $0.40 are being rejected. The DeFi sector is cooling off, and unless ENA breaks above $0.4100 with strong volume, further downside is likely.

📌 Key Resistance: $0.4104 – a break above this changes the short-term trend.

🧱 Support Zone: $0.3850 – holding here could bring a relief bounce.

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🎯 Action Plan:

Look to short between $0.3930 – $0.3980 if price rejects this zone again. Use a tight stop above $0.4105. If support breaks, momentum could accelerate to the downside.

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💡 Pro Tip:

Don’t ignore volume divergence – if price bounces but volume stays weak, it’s often a trap. Follow price + volume for confirmation!

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💬 ENA is on edge – bounce or breakdown? What’s your play?

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