quietly watching $ENA, keeps rejecting the same area, so the short side is worth watching
The 24-hour move stands at -6.21%, with the latest price near 0.1283. The faster average is below the slower trend line, so sellers still have the broader structure on their side. RSI is 48.1, a fairly balanced reading that leaves the next price reaction to decide direction. Volume is only about 0.1x its recent average, so stronger participation would help confirm the move. The recent support area is around 0.1267, while resistance is near 0.1318. The short idea depends on sellers defending the entry zone, not simply on price falling quickly.
Short setup | Spot chart | 15M
Entry: 0.1283–0.1285 | TP1: 0.1253 / TP2: 0.1231 / TP3: 0.1197 | Stop Loss: 0.1305
#ENA #Write2Earn #Binance #Crypto
The 24-hour move stands at -6.21%, with the latest price near 0.1283. The faster average is below the slower trend line, so sellers still have the broader structure on their side. RSI is 48.1, a fairly balanced reading that leaves the next price reaction to decide direction. Volume is only about 0.1x its recent average, so stronger participation would help confirm the move. The recent support area is around 0.1267, while resistance is near 0.1318. The short idea depends on sellers defending the entry zone, not simply on price falling quickly.
Short setup | Spot chart | 15M
Entry: 0.1283–0.1285 | TP1: 0.1253 / TP2: 0.1231 / TP3: 0.1197 | Stop Loss: 0.1305
#ENA #Write2Earn #Binance #Crypto
