🚨 $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.