$ENA — SELLERS ARE STARTING TO TAKE CONTROL
$ENA failed to sustain its move toward $0.2062 and is now trading around the $0.2005 zone. The rejection suggests buyers may be losing strength, and the $0.200 level is now the key area to watch.
SHORT SETUP
Entry Zone: $0.2005–$0.2030
Take Profit 1: $0.1980
Take Profit 2: $0.1950
Take Profit 3: $0.1927
Invalidation Level: $0.2062
I'm watching the $0.200 support closely. A confirmed breakdown below this level could increase selling pressure and open the way toward $0.1980, followed by $0.1950 and $0.1927.
However, if buyers regain control and push price above $0.2062, this bearish setup could be invalidated.
For now, the rejection is worth watching, but confirmation matters more than assumptions.
Will $ENA continue lower, or can bulls reclaim the momentum?
$ENA failed to sustain its move toward $0.2062 and is now trading around the $0.2005 zone. The rejection suggests buyers may be losing strength, and the $0.200 level is now the key area to watch.
SHORT SETUP
Entry Zone: $0.2005–$0.2030
Take Profit 1: $0.1980
Take Profit 2: $0.1950
Take Profit 3: $0.1927
Invalidation Level: $0.2062
I'm watching the $0.200 support closely. A confirmed breakdown below this level could increase selling pressure and open the way toward $0.1980, followed by $0.1950 and $0.1927.
However, if buyers regain control and push price above $0.2062, this bearish setup could be invalidated.
For now, the rejection is worth watching, but confirmation matters more than assumptions.
Will $ENA continue lower, or can bulls reclaim the momentum?