$ENA /USDT BEARISH SETUP – SUPPORT UNDER PRESSURE, BREAKDOWN IN SIGHT
$ENA is currently trading at $0.3818 after repeatedly testing the support zone near $0.3810. The market structure suggests exhaustion from buyers as lower highs continue to form, and price struggles to reclaim resistance at $0.3939. A break below the key support could trigger a sharper drop.
Trade Setup (Short):
Entry: 0.3939
Take Profit (TP): 0.3747
Stop Loss (SL): 0.4018
Market Outlook:
Sellers are tightening control with increased volume on down candles and weaker pushes from buyers. Watch for a confirmed close below 0.3810 to validate further downside pressure. Bulls must reclaim 0.3939 to reverse short-term bias.
Risk Management Tip:
Wait for candle confirmations before jumping in — avoid guessing bottoms or tops in tight ranges.
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