I'm currently entering a short position on $ENA based on some key technical signals:
📉 Entry: 0.6620
⛔ Stop Loss: 0.6645
🎯 Take Profit Targets:
• TP1: 0.6600 💰
• TP2: 0.6580 💸
• TP3: 0.6560 💵
🔍 My Reasoning:
Trendline Resistance: Price is approaching a well-respected downward trendline, which has consistently acted as resistance.
Bearish Momentum: We're seeing red candles forming near this level, indicating sellers are stepping in.
Support Zones: My TP levels align with key support areas I’ve been tracking — likely bounce zones or areas of consolidation.
Watching this one closely. I’ll be managing the trade actively in case of any breakout above resistance.
