$ENA #ENA 📉
Direction: SHORT 📉
Entry zone: 0.1851 to 0.1858
Stop loss: 0.1882
Target 1: 0.1817
Target 2: 0.1790
Ethena is trading near 0.1855 dollars, down 3.01 percent in 24 hours, near its daily low of 0.1844 after a range high of 0.1948. My reading is that sellers are in control while buyers failed to hold the higher range. 📉 The recent closes slipped steadily, 0.1861, then 0.1862, then 0.1861, then 0.1855, which is a slow bleed lower, not a single panic candle. A short from the current zone, with a stop above 0.1882, targets 0.1817 first and then 0.1790 if selling continues. A recovery above 0.1882 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Ethena fall to 0.1817 first, or recover above 0.1882? 🤔
Follow for more trades.
#Ethena #Crypto #FuturesTrading #TradingSignals
Direction: SHORT 📉
Entry zone: 0.1851 to 0.1858
Stop loss: 0.1882
Target 1: 0.1817
Target 2: 0.1790
Ethena is trading near 0.1855 dollars, down 3.01 percent in 24 hours, near its daily low of 0.1844 after a range high of 0.1948. My reading is that sellers are in control while buyers failed to hold the higher range. 📉 The recent closes slipped steadily, 0.1861, then 0.1862, then 0.1861, then 0.1855, which is a slow bleed lower, not a single panic candle. A short from the current zone, with a stop above 0.1882, targets 0.1817 first and then 0.1790 if selling continues. A recovery above 0.1882 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Ethena fall to 0.1817 first, or recover above 0.1882? 🤔
Follow for more trades.
#Ethena #Crypto #FuturesTrading #TradingSignals
