$ENA — Real Time Market Update

Bias: Short $ENA

Trade Setup

Entry: 0.174 – 0.176

Stop Loss: 0.179

TP1: 0.170

TP2: 0.165

TP3: 0.158

Market Insight

Price reacted at the descending trendline resistance near 0.175 following a liquidity sweep below the 0.171 swing low and a corrective relief bounce. The preceding decline was impulsive, confirming a structure break with lower lows and seller absorption at demand zones. Buyers show exhaustion, with momentum shift favoring continuation lower and potential lower high formation.

The setup invalidates on acceptance above 0.179. It offers favorable risk-to-reward by aligning stop with recent structure while targeting pooled liquidity below prior lows.

Watching how price reacts at this level, execution matters.

Levels based on structure and momentum, not prediction.

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