$ENA at Crucial Support – Breakdown or Bounce Ahead?

$ENA is trading at $0.5597, down nearly 2% and now sitting on a key horizontal support level. This zone has held multiple times before, acting as a base for previous upward moves. However, the repeated tests of this level suggest weakening buyer strength. A clean break below could open the door to further downside, while a bounce from here might offer a quick long opportunity.

Trade Setup (Support Bounce Play):

• Entry Zone: $0.5580 – $0.5610

• Stop Loss: $0.5510

• TP1: $0.5700

• TP2: $0.5780

• TP3: $0.5880

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