I am going to open a big short on $ENA /USDT 👀
Trade Plan: SHORT
Entry Zone: $0.198 – $0.20
Stop Loss (SL): $0.20850
Take Profit (TP): $0.18000
$ENA is showing weakness after getting rejected from the $0.2100 resistance zone. Price has broken below the rising trendline, and the $0.2010–$0.2025 area is now a key level to watch.
The bears are stepping in. If this level fails to reclaim, ENA could be ready for another leg down.
Confirmation: Watch for a weak retest of the broken trendline and rejection around the entry zone before considering the short.
The bears are looking for control. If support turns into resistance, ENA could be ready to fly in the opposite direction — DOWN.
#ENA #Binance #BianceSquare #cryptotrading
Trade Plan: SHORT
Entry Zone: $0.198 – $0.20
Stop Loss (SL): $0.20850
Take Profit (TP): $0.18000
$ENA is showing weakness after getting rejected from the $0.2100 resistance zone. Price has broken below the rising trendline, and the $0.2010–$0.2025 area is now a key level to watch.
The bears are stepping in. If this level fails to reclaim, ENA could be ready for another leg down.
Confirmation: Watch for a weak retest of the broken trendline and rejection around the entry zone before considering the short.
The bears are looking for control. If support turns into resistance, ENA could be ready to fly in the opposite direction — DOWN.
#ENA #Binance #BianceSquare #cryptotrading