$ENA rally looks like it’s running out of fuel after failing to secure acceptance above local resistance. Momentum is starting to shift back in favor of sellers.
Trading Plan Short $ENA
Entry: 0.118 – 0.123
SL: 0.13
TP1: 0.112
TP2: 0.105
TP3: 0.098
The recent bounce appears corrective rather than structural. Each push higher has been met with supply, showing sellers are actively fading strength.
Price is now rotating back toward prior demand where liquidity was previously swept, signaling vulnerability if bids fail to step in.
Higher structure isn’t holding, and momentum continues to cool off.
If supply keeps absorbing upside attempts and resistance remains defended, downside continuation toward lower liquidity zones becomes the more probable path.
ENAUSDT
Διην.
0.1148
-4.65%