$ENA

ENAUSDT
Perp
0.2375
-1.98%
/USDT: The price is below all significant EMAs, and the daily and 4-hour trends are negative. Now that the 1h RSI (47.5) is declining from overbought levels, momentum is changing and sellers are intervening. A break below the 1-hour low of 0.250918 is the trigger. There, enter short with a stop above 0.25559 and a target of 0.24758. Don't skip the following leg down because the structure is weak and this resistance retest is failing.
Implementable Setup Right Now (SHORT)
Market entry: 0.250918–0.252252
TP1: 0.24758
TP2: 0.246245
TP3: 0.243575
SL: 0.25559