$ENA position size cut by 6.3% in one day—this is the shorts clearing the book, not a shakeout. It fell 5 points over four hours; the daily chart is still DOWN. The trend-following setup should only be short, not long. Current price 0.232—short directly. First target 0.222; if it breaks, look at 0.213. Stop loss 0.244; if price stands above it, admit the mistake and exit. Don’t fantasize about a rebound—any rebound is an opportunity for you to get on board for a short. Don’t be the one who realizes it too late.
