spot tradeing my entry 60 55 after recover this entry
BlockchainBaller
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Bearish
$ENA /USDT at $0.5388..... Breakdown or Bounce❓ Critical Levels to Watch❗$ENA /USDT is trading at $0.5388, down 10.78% for the day, testing its 24-hour low of $0.5332. The bearish momentum has intensified, with RSI dipping to 33.4, indicating oversold conditions.
Key Levels:
Resistance: $0.55 – Breaking above this level may target $0.57 and $0.60.
Support: $0.53 – A drop below could push prices to $0.51 or $0.50.
Trade Ideas:
Long Entry: Above $0.54, aiming for $0.55 and $0.57.
Short Entry: Below $0.53, targeting $0.51 and $0.50.
Stop Loss: $0.54 for both setups.
Market Outlook:
The bearish trend dominates, but a relief bounce could occur if buyers defend the $0.53 support zone. Monitor closely for volume surges.
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