$ENA just "stumbled" at the $0.242 doorstep, leaving a trail of haunting long-bodied red candles on the 1H timeframe. Bulls seem winded after the 24-hour climb as the RSI begins its descent and price structure starts "cracking" below key averages. A slide toward the $0.23x zone is the most likely scenario as selling pressure takes center stage, turning current recovery efforts into a liquidity trap.
Futures Market Signals
ENA
0.1202
-7.32%
Short Setup:
• Entry: $0.24000 - $0.24200
• Take Profit (3%): $0.23220
• Stop Loss (1.5%): $0.24560