$ENA /USDT BEARISH SETUP IN PLAY — SHORT FROM REJECTION ZONE 🔻
$ENA is showing rejection from the key resistance block around 0.3830–0.3870, indicating exhaustion of bullish momentum. Price has printed lower highs and is now forming a clean setup for a short entry after testing the supply zone.
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Trade Setup (Short):
Entry Price: 0.3783
Targets (TP): 0.3701 / 0.3685
Stop Loss (SL): 0.3832
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Market Outlook:
Price got rejected from a strong intraday resistance near 0.3870, and is now forming a lower high structure. If it sustains below 0.3800, bears are likely to drive the price toward the previous demand zone. Volume also supports a bearish continuation.
Risk Management:
Use 2–3% of your capital per trade with a defined SL. Monitor volume spikes near TP levels for partial exits.
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