$ENA /USDT – Short‑Bias Trade Set‑Up on Flagging Momentum
Overview (15‑minute chart)
Price faced rejection at the $0.3600 resistance zone.
Broke beneath $0.3560 support and is now holding below it.
A recent green candle couldn’t reclaim previous bear‑structure, highlighting weak buying.
The formation of lower highs and lower lows confirms a short‑term downtrend.
Over the past 24 hours, ENA is down ~4.1%, and its intraday bounce failed to hold.
Trade Plan
Short Entry: $0.3540
Target 1: $0.3510
Target 2: $0.3480 (24 h low)
Stop‑Loss: $0.3585
Trade Rationale
As long as bulls don’t push and sustain price above $0.3600 with solid volume, the bearish setup holds. Failure at this resistance keeps the short‑bias valid.