$ENA /USDT Short Trade Alert: Weakening Momentum Signals Downside Risk! 🔥💯
Ethereum Name Service (ENA/USDT) is showing signs of bearish momentum after failing to hold above key support levels. The price is currently at $0.4198, and a break below $0.4180 could trigger further downside movement.
Trade Setup:
• Entry Price: $0.4198
• Take Profit (TP): $0.4000
• Stop Loss (SL): $0.4300
Market Analysis:
ENA/USDT has been in a downtrend, with lower highs and increased selling pressure. The breakdown of support near $0.4180 signals a potential continuation towards lower levels. If volume increases on the breakdown, expect further downside pressure.
Pro Tip: Watch for a strong rejection at $0.4180 with high volume confirmation. If sellers dominate, the pair may push toward the $0.4000 level rapidly.
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