$ENA Short 75x – Resistance is reacting precisely as anticipated.
ENA is currently stalling in the 0.09275–0.09345 zone. I have initiated a Short 75x Isolated position at this level.
Trade Plan:
- Entry: 0.09275 – 0.09345
- TP1: 0.09098 (R:R 1:1.0)
- TP2: 0.09028 (R:R 1:1.3)
- TP3: 0.08886 (R:R 1:2.0)
- SL: 0.09522
Why this setup?
- The 4h bearish structure remains intact, with the daily trend still negative as price reacts from the 0.09275–0.09345 region near 0.09310.
- The 15m RSI reading of 53 indicates further downside potential for sellers.
- 15m volume is elevated at 2.24x, with 14.54M traded versus a 6.50M expectation, confirming genuine selling pressure.
My call. Your execution.
Trade here 👇 and Which part of the setup is unclear? Comment below for a detailed explanation.
