$ENA
🔴 $ENA | Short Setup
Price is losing steam — here is what I am watching. 👇
📊 ENA has shown a pronounced bearish bias with a significant 9.16% decline over the past 24 hours, indicating strong downside momentum. This sustained selling pressure suggests a likely breach of current support levels, paving the way for further depreciation towards our defined targets.
🎯 Trade Plan
• Entry: 0.2419
• Stop Loss: 0.2480
• TP1: 0.2345
• TP2: 0.2295
• TP3: 0.2250
⚡ Trigger:
Entry upon confirmed breakdown and sustained price action below 0.2415.
⚠️ Risk Note:
This trade carries elevated risk due to recent volatility and market dynamics. Robust risk management is imperative; always employ sensible position sizing and adhere strictly to your stop-loss order to safeguard your capital against adverse movements.
#ENA #Crypto #ShortTrade #SwingTrading #Bearish
🔴 $ENA | Short Setup
Price is losing steam — here is what I am watching. 👇
📊 ENA has shown a pronounced bearish bias with a significant 9.16% decline over the past 24 hours, indicating strong downside momentum. This sustained selling pressure suggests a likely breach of current support levels, paving the way for further depreciation towards our defined targets.
🎯 Trade Plan
• Entry: 0.2419
• Stop Loss: 0.2480
• TP1: 0.2345
• TP2: 0.2295
• TP3: 0.2250
⚡ Trigger:
Entry upon confirmed breakdown and sustained price action below 0.2415.
⚠️ Risk Note:
This trade carries elevated risk due to recent volatility and market dynamics. Robust risk management is imperative; always employ sensible position sizing and adhere strictly to your stop-loss order to safeguard your capital against adverse movements.
#ENA #Crypto #ShortTrade #SwingTrading #Bearish