$ENA — Rally Rejected, Sellers Defending Supply 📉
Bounce is getting sold into a major supply zone. No acceptance above resistance and momentum is rolling over — this looks corrective, not a trend reversal.
Short Setup 🔴 Entry: 0.168 – 0.178
🛑 Stop Loss: 0.181
🎯 Targets:
TP1: 0.164
TP2: 0.156
TP3: 0.148
Market Read • Price pushed back into prior resistance and stalled immediately
• Buy-side follow-through remains weak
• Structure favors downside continuation while this zone caps price
As long as supply holds, risk remains skewed to the downside.
Trade with discipline ⚠️