$ENA rejection near 0.2030 is a warning sign. Price pulled back sharply and left a long upper wick, showing strong selling pressure at the highs.
A bearish setup is possible, but wait for a relief bounce and confirmation before entering. Avoid chasing the move.
Direction: BEARISH
Entry Zone: 0.1920 – 0.1950
Stop Loss: 0.2040
TP1: 0.1845
Trade smart: Let price return to the entry zone and watch for rejection. If buyers regain control, the short setup may be invalidated. Protect your capital and don't force a trade.
A bearish setup is possible, but wait for a relief bounce and confirmation before entering. Avoid chasing the move.
Direction: BEARISH
Entry Zone: 0.1920 – 0.1950
Stop Loss: 0.2040
TP1: 0.1845
Trade smart: Let price return to the entry zone and watch for rejection. If buyers regain control, the short setup may be invalidated. Protect your capital and don't force a trade.