$ENA /USDT BEARISH RETEST UNDERWAY
WEAK REBOUND AFTER STEEP DROP
STRUGGLING BELOW RESISTANCE ZONE NEAR $0.292
LOWER HIGHS SIGNAL SELLING PRESSURE
$ENA faced rejection after attempting to reclaim the $0.2925 level, forming a potential lower high. The weak follow-up candles and fading momentum suggest the recent bounce may be a dead-cat rally. Unless a breakout occurs, downside risk remains high.
š“ SHORT Trade Setup:
Entry Zone: $0.288 ā $0.292
Take Profit (TP): $0.275 / $0.267
Stop Loss (SL): $0.297
Market Outlook:
Without strong bullish continuation, ENA could revisit the $0.2671 support level. Momentum favors bears unless volume returns with breakout confirmation.
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