$ENA /USDT BEARISH , Short trade signal 💥
Future traders alert ⚠️
Key Levels:
- Current Price: $0.9464
- Resistance Levels: $1.1086, $1.2000
- Support Levels: $0.9420, $0.9000
Trade Setup:
Short Entry:
- Entry Point: $0.9464
- Take Profit (TP):
- TP1: $0.9000
- TP2: $0.8500
- Stop Loss (SL): $1.0000
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: Adjust to risk no more than 2% of your trading capital.
Summary:
We are looking to short $ENA/USDT due to the strong bearish momentum observed in the recent price action. The price has broken below key support levels and continues to make lower lows, indicating further downside potential. The trade setup aims to capitalize on this downward trend with well-defined targets and a stop loss to manage risk effectively. 📉💸
Happy Trading! 📉💸