$ENA /USDT is currently trading around 0.1391, moving inside a short-term corrective range after a sharp push toward 0.144–0.145. Price got rejected from that supply zone, forming lower highs, which signals weakening bullish momentum. The structure suggests a range-to-bearish bias unless price reclaims 0.142+ with volume.
Key support lies at 0.1360–0.1345, where multiple long wicks show buyer interest. A clean breakdown below this zone could trigger a continuation toward 0.131–0.128. On the upside, 0.142–0.145 remains strong resistance and a sell zone.
📌 Trade Setup Bias: Short on rejection Entry (SHORT): Market price Stop Loss: 0.1475 Take Profit: TP1: 0.1355 TP2: 0.1320 TP3: 0.1285 Trade #ENA
SHORT Entry: Market price TP1 $9.50 TP2 $9.30 TP3 $9.00 Stop Loss $10.35
The upside move appears corrective within a broader bearish structure, and rejection near the $10.00–10.20 supply zone would favor a pullback toward the prior demand base. Trade #LINK HERE 👇
Condition Very Important ONLY valid if a full 1H candle closes below the MSS point If price holds above MSS → ignore the setup Entry: After 1H close below MSS (around 0.29 zone as marked)
Stop Loss: 0.3082 TP1: 0.248 TP2: 0.234
Extended target: 0.2007
Logic Strong impulsive move up, likely liquidity grab. MSS is the line in the sand. Close below it confirms bearish continuation. Until then, patience wins. Trade #STX here ⬇️
After the sharp selloff from $1.90, price found strong support around the $1.53 low and has been building higher lows since. The bounce is gaining traction with buyers stepping in aggressively at these levels. Volume is stabilizing and the recent consolidation near $1.64 suggests accumulation rather than distribution. As long as support holds above $1.58, the path of least resistance is back toward the mid-range targets.