$ENA Rally Stalling — Short Setup Forming Near Resistance
Short $ENA
Entry Zone: 0.105 – 0.111
Stop Loss: 0.117
Targets:
• TP1: 0.099
• TP2: 0.091
• TP3: 0.083
ENA has delivered a strong rally recently, but the momentum is beginning to slow as price approaches a key resistance area. The structure is shifting from a clean impulse move into a more choppy grind upward, which often signals buyer exhaustion.
As the upside pressure weakens, sellers are gradually stepping back into the market, increasing the probability of a corrective move.
Market Insight:
• Rally strength fading near resistance
• Price action turning choppy after strong push
• Early signs of seller pressure returning
• Pullback likely if buyers fail to maintain momentum
If the current resistance holds, a retracement toward the 0.099 – 0.083 zone becomes a realistic scenario.
Trade $ENA here 👇
#ENA #MetaPlansLayoffs #PCEMarketWatch #BinanceTGEUP #CFTCChairCryptoPlan
Short $ENA
Entry Zone: 0.105 – 0.111
Stop Loss: 0.117
Targets:
• TP1: 0.099
• TP2: 0.091
• TP3: 0.083
ENA has delivered a strong rally recently, but the momentum is beginning to slow as price approaches a key resistance area. The structure is shifting from a clean impulse move into a more choppy grind upward, which often signals buyer exhaustion.
As the upside pressure weakens, sellers are gradually stepping back into the market, increasing the probability of a corrective move.
Market Insight:
• Rally strength fading near resistance
• Price action turning choppy after strong push
• Early signs of seller pressure returning
• Pullback likely if buyers fail to maintain momentum
If the current resistance holds, a retracement toward the 0.099 – 0.083 zone becomes a realistic scenario.
Trade $ENA here 👇
#ENA #MetaPlansLayoffs #PCEMarketWatch #BinanceTGEUP #CFTCChairCryptoPlan