$ENJ USDT BEARISH CONTINUATION SETUP – BREAKDOWN STRUCTURE IN PLAY
ENJUSDT is showing clear signs of weakness after failing to sustain higher levels, forming a consistent lower high and lower low structure on the intraday timeframe. Price rejection near the recent resistance zone indicates strong seller presence, while momentum is gradually shifting downward.
The breakdown below short-term support suggests continuation toward lower demand zones. Volume behavior also supports bearish pressure, with sell-side dominance increasing during pullbacks.
Trade Setup: SHORT
Entry Zone: 0.02800 – 0.02850
Stop Loss: 0.03050
Targets:
TP1: 0.02680
TP2: 0.02550
TP3: 0.02390
A clean rejection from the entry zone or a weak pullback into resistance can offer confirmation for entry. If price reclaims resistance with strength, the setup becomes invalid.
Risk Management:
Risk only 1–2% of total capital per trade. Avoid over-leveraging and secure partial profits at each target to reduce exposure.
#technicalanalysis #crypto #trading #shortsetup #riskmanagement $ENJ