$ENA is pushing into a heavy supply cluster where the current rebound is starting to lose momentum and show signs of exhaustion.
Trading Plan Short $ENA
Entry: 0.106 – 0.110
SL: 0.116
TP: 0.100
TP: 0.092
TP: 0.084
The recent move upward is becoming increasingly fragile, with weaker follow-through as price tests resistance. Instead of a strong continuation, the structure points toward absorption of demand while sellers begin stepping in above.
If this zone holds and rejects price, it could trigger a swift corrective move to the downside, offering a clean continuation of the bearish setup. Stay disciplined, manage risk, and be ready to react as the market unfolds. DYOR
ENAUSDT
Perp
0.10516
-0.89%