$ENA suffered a massive hit of 9% today, dropping from $0.3210 to $0.2827. The price is now hovering around $0.2851 with weak candles and fading volume on the rebound. The chart is forming a continuation setup, indicating further declines in the future.
Trading Setup (Short):
Entry: $0.2850 – $0.2885
Target 1: $0.2800
Target 2: $0.2720
Stop Loss: $0.2940
Why Short?
After the sharp collapse, the market failed to reclaim the $0.30 area. The 15-minute chart shows a bearish flag with no strength from the bulls — this is a high-probability short setup.
Risk Management Advice:
Stay Committed — Exit if the price strongly exceeds $0.2940. Protect capital instead of hoping for moves.
Sell Smart — Don't chase green candles when the trend turns red!📳If you found the analysis useful, like it, share it, and comment on the next pair you want to analyze📩
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