SHORT #ENAUSDT from $0.5192 stop loss $0.5238


30m TF. ENA is showing a localized squeeze where the price highs are gradually declining, forming a structure known as a "descending triangle". A clear support level is visible, which was tested by several touches, when participants opened positions from it and accumulated a pool of liquidity behind it. I see accumulation along this support with increasing selling activity in the order book before the breakout.

Position closing targets: 0.5135 - 0.5086 - 0.5015