$ENA – LOWER HIGH CONFIRMED, BEARS REGAINING CONTROL

• FAILED TO HOLD ABOVE $0.6700 ZONE

• SHARP REVERSAL AFTER WEAK RETEST OF RESISTANCE

$ENA printed a lower high at $0.6713 after an aggressive bounce from $0.5312, but the rally stalled below the $0.7000 supply zone. Sellers stepped in strongly, rejecting price back under $0.600 with growing red volume bars. The structure shows a potential continuation of the downtrend, especially if $0.5870 breaks—opening room toward $0.5600 and possibly lower.

SHORT TRADE SETUP:

Entry: $0.5930 – $0.5980

Stop Loss: Above $0.6130

Target 1: $0.5700

Target 2: $0.5520

Target 3: $0.5310

Downtrend structure remains intact unless bulls reclaim $0.635 with strength.

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