๐จ $ENA SHOWS HEAVY INSTITUTIONAL REJECTION AT LOCAL RESISTANCE! ๐ป
Entry: 0.21255 โก
Target: 0.19400 ๐ฏ
Stop Loss: 0.23000 ๐
Smart money distribution is taking shape on $ENA as price taps structural supply and fails to sustain acceptance above the pivot. ๐ The liquidity sweep above recent highs points to trapped retail buyers, opening up a clear runway toward uncollected downside liquidity. ๐
Order flow remains heavy, with systematic sell orders absorbing bids into this local market inefficiency. ๐ Expect structural downside targets at 0.21000 and 0.20000 before reaching the primary demand pocket at 0.19400. ๐ฌ Will sellers hold this order block, or do you expect a deeper retest? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ENA #ShortSetup #Bearish #MarketStructure #Crypto
๐ฏ ๐
Entry: 0.21255 โก
Target: 0.19400 ๐ฏ
Stop Loss: 0.23000 ๐
Smart money distribution is taking shape on $ENA as price taps structural supply and fails to sustain acceptance above the pivot. ๐ The liquidity sweep above recent highs points to trapped retail buyers, opening up a clear runway toward uncollected downside liquidity. ๐
Order flow remains heavy, with systematic sell orders absorbing bids into this local market inefficiency. ๐ Expect structural downside targets at 0.21000 and 0.20000 before reaching the primary demand pocket at 0.19400. ๐ฌ Will sellers hold this order block, or do you expect a deeper retest? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ENA #ShortSetup #Bearish #MarketStructure #Crypto
๐ฏ ๐
