Bearish Trend Confirmed! Short $ENA /USDT Now š„šÆ
After a strong bullish rally, the trend has decisively shifted to bearish as ENA/USDT breaks into a well-defined descending channel. This setup offers an excellent opportunity for short-term traders to capitalize on the downside momentum.
š Trade Signal:
ā¢ Entry: Near 0.9635
ā¢ Stop Loss: 1.0000 (above the upper trendline)
ā¢ Take Profit:
ā¢ First Target: 0.9000
ā¢ Second Target: 0.7850
š” Why Short?
ā¢ A clear breakdown below 0.9800 confirms bearish control.
ā¢ Consistent lower highs and lows reinforce the downward trajectory.
ā¢ Strong risk-to-reward ratio of 1:3 for the first target.
ā” Strategy:
Lock in partial profits at 0.9000 and adjust stop losses to breakeven for risk-free trading. If momentum sustains, ride the trend toward the 0.7850 level.
Donāt miss this opportunity to trade with the trend! Stay disciplined and monitor price action for any trendline breakouts.