Short Opportunity: $ENA /USDT 🔥💯
Current Price: 0.9953
Setup: Bearish continuation evident on the 1-hour chart with lower highs and increasing selling pressure.
Entry Point: Below 0.9900 after confirmed breakdown.
Target Levels (TP):
• TP1: 0.9700
• TP2: 0.9500
Stop Loss (SL): Above 1.0100 to protect against invalidation.
Analysis: The pair is trading in a descending pattern with consistent rejections from resistance levels. Volume supports further downside. Ideal for short-term momentum traders.
Risk Management: Secure partial profits at TP1 and trail the stop-loss to breakeven for TP2.
Action: Monitor price action for entry trigger below 0.9900 to avoid false breakdowns.