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$ENS /USDT Bearish Breakdown – Short Trade Setup Alert 🔥
Current Price: $6.19
Entry Zone: $6.10 to $6.15 (confirmation below $6.10 strengthens the setup)
Target 1: $5.92 (next key support level)
Target 2: $5.50 (extended downside potential)
Stop Loss: Above $6.43 (resistance zone)
Trade Setup:
$ENS /USDT is currently experiencing strong bearish momentum after a significant drop from $11.56 to the current price of $6.19. The price is now testing support around $6.00, and any further breakdown below $6.10 could trigger further downside movement toward the $5.92 support level. The volume is indicating active selling pressure, reinforcing the bearish outlook.
Why This Setup?
The recent price action suggests a possible continuation of the downtrend. Once the price breaks below $6.10, we could see further losses, with the next target at $5.92. This is a high-reward opportunity for short traders, with a well-defined entry and risk management strategy.
Final Thought:
If ENS/USDT fails to reclaim $6.43, the bearish trend is likely to continue. Set your entries carefully and prepare for potential further downside momentum.
#ENS