๐ $ENA STALLED AT THE WALL โ THIS REJECTION COULD UNLOCK THE NEXT LEG DOWN ๐ฅ
Entry: 0.0905 โ 0.0915 โก
Stop Loss: 0.0965 โ ๏ธ
Target: 0.0870 ๐
Target: 0.0840 ๐
Target: 0.0790 ๐
๐ The recovery off the lows has finally run into a ceiling that has capped ENA multiple times this cycle. Price is printing lower momentum just beneath the supply cluster at 0.0905โ0.0915, while volume on the push up tells a quiet story โ buyers are not stepping in with institutional conviction. ๐
๐ก This is textbook distribution territory: a swift rally meeting stagnant order flow often ends with a liquidity sweep below the recent swing lows. The path to 0.0870 and beyond opens the moment this zone confirms as a seller's block. ๐ฌ Do you respect the rejection here, or are you waiting for a clean close above 0.0915 to invalidate the short? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ENA #ShortSetup #ResistanceZone #Crypto
๐ ๐ฏ
Entry: 0.0905 โ 0.0915 โก
Stop Loss: 0.0965 โ ๏ธ
Target: 0.0870 ๐
Target: 0.0840 ๐
Target: 0.0790 ๐
๐ The recovery off the lows has finally run into a ceiling that has capped ENA multiple times this cycle. Price is printing lower momentum just beneath the supply cluster at 0.0905โ0.0915, while volume on the push up tells a quiet story โ buyers are not stepping in with institutional conviction. ๐
๐ก This is textbook distribution territory: a swift rally meeting stagnant order flow often ends with a liquidity sweep below the recent swing lows. The path to 0.0870 and beyond opens the moment this zone confirms as a seller's block. ๐ฌ Do you respect the rejection here, or are you waiting for a clean close above 0.0915 to invalidate the short? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ENA #ShortSetup #ResistanceZone #Crypto
๐ ๐ฏ
