$ENA / USDT – SHORT-TERM BEARISH CROSSING BELOW KEY MA ZONES
$ENA has slipped below its 25 MA (0.3409) and is now hovering at $0.3310 after a sharp -6.52% drop. The 4H chart shows a clear bearish momentum following rejection at $0.3780, breaking through the rising channel support and breaching the 99 MA (0.3364) — a key trendline that previously acted as dynamic support.
With this recent candle close below both the 25 and 99 MA, a short-term trend reversal is likely in play unless buyers step in fast.
📉 Trade Setup (Short Bias): • Entry: $0.3310 – $0.3360
• Take Profit 1: $0.3190
• Take Profit 2: $0.3085
• Stop Loss: $0.3440
If bulls regain control above $0.3365 and reclaim the 99 MA with strong volume, we may re-enter bullish territory — otherwise, the pullback is likely to deepen.
📊 Bearish signals to watch: – MA(7) crossing down
– RSI likely cooling (not shown)
– Volume spike on red candle
Stay alert — this zone may offer quick short scalps or dip buys once a reversal structure forms!
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