🚨 $ENA /USDT – Potential Short Opportunity Developing! 🔻

ENA is encountering significant resistance, struggling to break through a key supply zone. This rejection suggests a possible continuation of the downtrend, making it an ideal setup for a short position. Traders should closely monitor price action for confirmation before entering.
$ENA
Short Trade Setup:
🔹 Entry Range: $0.5150 – $0.5300
🔹 First Target: $0.4900 🎯
🔹 Second Target: $0.4660 🎯
🔹 Stop-Loss: Above $0.5517
Market Analysis:
The price recently tested a strong resistance level but failed to gain bullish momentum, signaling weakness. Sellers appear to be gaining control, increasing the likelihood of a move toward the next key support zones. Given the current market structure, a short position could provide a favorable risk-to-reward setup. However, patience is crucial—wait for a clear confirmation signal before executing the trade.
$ENA
⚠️ Risk Management Notice: Always trade with caution and use proper risk management strategies. Market conditions can shift rapidly, so stay updated and adjust positions accordingly.
#CryptoTrading ENATrade #ShortSetup 🚀 ENAUSDT