$ENSO /BNB BEARISH BREAKDOWN – MOMENTUM SHIFT CONFIRMED, LOWER LEVELS AHEAD
$ENSO /BNB is trading at 0.002863, showing clear weakness after rejecting near 0.00353. Price is now below MA(7), MA(25), and MA(99), confirming a strong short-term bearish structure. MACD is negative with expanding downside momentum, signaling continued pressure. Unless bulls reclaim 0.00305+, the path of least resistance remains downward.
🔻 Trade Setup (Bearish Bias)
Entry Zone: 0.002880 – 0.002950 (rejection near broken MAs)
Take Profit 1: 0.002820
Take Profit 2: 0.002750
Take Profit 3: 0.002680
Stop Loss: 0.003080 (above MA cluster & structure resistance)
📉 Short Market Outlook
Momentum is decisively bearish with price trading under key moving averages and failing to hold intraday rebounds. The rejection from 0.00350+ created a lower high, shifting structure to distribution. Immediate support sits near 0.00282; a breakdown below this level could accelerate sell pressure toward 0.00270 and lower. Bulls must reclaim 0.00305 to invalidate the bearish continuation scenario.
Trend: Short-term bearish
Momentum: Expanding downside
Key Resistance: 0.00305 – 0.00310
Key Support: 0.00282 – 0.00270
