🚨 $ENA/USDT Trading Signal 🚨

$ENA

$1.0259

-1.36%

💡 Signal Type: Bearish Trend Reversal

📊 Timeframe: 4H Chart $ENA

🔑 Key Levels to Watch:

Support: $1.00 – A break below this level could confirm bearish momentum.

Resistance: $1.05 – A rejection here could lead to further downside.

🎯 Trade Setup:

Entry Zone: $1.0250 - $1.0300

Take Profit Levels (TP):

1️⃣ TP1: $1.00 (-2.5%)

2️⃣ TP2: $0.95 (-7.4%)

Stop Loss (SL): $1.08 (+5.2%)

📝 Market Insight:

$ENA is showing signs of a potential trend reversal after hitting resistance near $1.05. A break below the support at $1.00 could trigger further declines, with $0.95 as the next target.

💡 Strategy Recommendation:

Consider short positions between $1.0250 - $1.0300.

Set stop-loss at $1.08 to manage risk and aim for profits at TP1 and TP2.

📢 Note: Watch for volume confirmation and avoid entering if the support at $1.00 holds.