$ENA — SHORT 📉
Entry: 0.09070 – 0.09095
TP1: 0.09020
TP2: 0.08970
TP3: 0.08910
Stop Loss: 0.09135
Analysis:
ENA continues to trade below a key intraday resistance zone after failing to establish higher highs on the 15m chart. Price is forming lower highs with fading buying momentum, while sellers remain active on every bounce. As long as price stays below 0.09135, the bearish bias favors another move toward lower support levels.
Risk: Medium ⚠️
Confidence: 8.4/10
Invalidation:
A 15m candle closing above 0.09135 with strong buying volume would invalidate this bearish setup and increase the probability of a move toward 0.09220–0.09300.
My view:
The trend still favors sellers. I prefer entering on a retest of the entry zone rather than chasing the current downside move.
Click here to Trade 👇$ENA
Entry: 0.09070 – 0.09095
TP1: 0.09020
TP2: 0.08970
TP3: 0.08910
Stop Loss: 0.09135
Analysis:
ENA continues to trade below a key intraday resistance zone after failing to establish higher highs on the 15m chart. Price is forming lower highs with fading buying momentum, while sellers remain active on every bounce. As long as price stays below 0.09135, the bearish bias favors another move toward lower support levels.
Risk: Medium ⚠️
Confidence: 8.4/10
Invalidation:
A 15m candle closing above 0.09135 with strong buying volume would invalidate this bearish setup and increase the probability of a move toward 0.09220–0.09300.
My view:
The trend still favors sellers. I prefer entering on a retest of the entry zone rather than chasing the current downside move.
Click here to Trade 👇$ENA