ENA is breaking down from a key market structure, with momentum building for a short squeeze. The current price action is primed for a drop, with a brief entry window opening up.

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🔴 $ENA SHORT 📉
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📍 Entry Range: $0.087243 – $0.087417
🛑 Stop Loss: $0.089950 (-3.0%)
🎯 TP1: $0.086020 (+1.5%)
🏆 TP2: $0.082963 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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This ENA short setup is triggered by a cluster of signals, including a clear CHoCH market structure break, CVD confirming the direction with volume, and a FVG that's ripe for a test. The OB and POI confluence are particularly compelling, as they overlap to create a high-probability short zone. The overall structure looks like a textbook short, with all the indicators pointing to a move lower.

A 3.0% stop loss feels relatively tight, but it's manageable with 2-3x leverage, allowing us to ride out some noise while still keeping risk in check.

We'll look to take partial profits at TP1, banking some gains to reduce risk and freeing up capital to maximize returns on the remaining position.

DYOR — this isn't financial advice, size your risk accordingly 🙏

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