🚨$ENA /USDT - CRASHING ENA🚨

Overview

ENA/USDT is currently experiencing a significant price decline. The market is in a bearish trend, and the price has broken below several key support levels. The MACD indicator is also showing a bearish crossover, which suggests that the downward momentum may continue.

Trade Scenarios

* Short: If you believe that the bearish trend will continue, you could consider placing a short trade. The target price for this trade could be around $0.75, and the stop-loss could be placed at around $0.80.

* Long: If you believe that the price will eventually recover, you could consider placing a long trade. However, it is important to note that the risk of further declines is currently high. The target price for this trade could be around $0.85, and the stop-loss could be placed at around $0.70.

Market Outlook

The overall outlook for ENA/USDT is currently bearish. The price is likely to continue declining in the short term, and there is a risk of further significant losses. Traders should exercise caution and be prepared for further volatility.

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