🚨 $ENA failure to sustain above 0.28 indicates that bullish momentum has temporarily faded, and the market is cooling off.
· Short-term trend is bearish. The chart shows a clear sequence of Lower Highs (0.29 -> 0.28) and Lower Lows (0.26 -> 0.25).
· Price recently touched a local low of 0.25 and is currently hovering around 0.26, testing a critical short-term support zone.
🔴 $ENA SHORT (Following short-term downtrend)
· Condition: price retests resistance zone around 0.26 - 0.27 but fails to break above it
· Entry: 0.26 - 0.27
· SL: above 0.28
· TP:
· TP1: 0.25 (Recent local low).
· TP2: 0.24 (Next psychological support).
🟢 $ENA Scenario 2: LONG
· Condition: price successfully holds 0.25 support zone, forms a double bottom
· Entry: 0.25 - 0.26
· SL: below 0.24
· TP:
· TP1: 0.28 (Previous lower high).
· TP2: 0.29 (Major recent peak).
Support me just Trade here👇
#ena #ethena
· Short-term trend is bearish. The chart shows a clear sequence of Lower Highs (0.29 -> 0.28) and Lower Lows (0.26 -> 0.25).
· Price recently touched a local low of 0.25 and is currently hovering around 0.26, testing a critical short-term support zone.
🔴 $ENA SHORT (Following short-term downtrend)
· Condition: price retests resistance zone around 0.26 - 0.27 but fails to break above it
· Entry: 0.26 - 0.27
· SL: above 0.28
· TP:
· TP1: 0.25 (Recent local low).
· TP2: 0.24 (Next psychological support).
🟢 $ENA Scenario 2: LONG
· Condition: price successfully holds 0.25 support zone, forms a double bottom
· Entry: 0.25 - 0.26
· SL: below 0.24
· TP:
· TP1: 0.28 (Previous lower high).
· TP2: 0.29 (Major recent peak).
Support me just Trade here👇
#ena #ethena
