$ENA Short Trade Setup

$ENA has printed a sharp impulsive move into resistance and is now showing clear rejection from the upper supply zone. Momentum is fading after the spike, and price failed to hold above the breakout area, suggesting this move was liquidity-driven rather than sustained strength. As long as price remains below this supply block, a deeper pullback is the higher-probability continuation.

Trade Setup

Entry Range: 0.2420 – 0.2540

Target 1: 0.2320

Target 2: 0.2265

Target 3: 0.2225

Stop Loss: 0.2560

ENA

0.1157

+4.04%