$ENA USDT – BEARISH REJECTION AT RESISTANCE, PULLBACK EXPECTED 📉

Market Move (Immediate Explanation):

ENA/USDT has faced a clear rejection near the 0.216–0.217 resistance zone after a sharp impulsive rally. The price is now stalling below this supply area, signaling exhaustion of bullish momentum and increasing selling pressure. Failure to reclaim this resistance suggests a short-term corrective move toward lower support levels.

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Trade Setup (SHORT 📉)

Entry Zone:

0.218 – 0.221 (retest and rejection area)

Targets (TP):

TP1: 0.212

TP2: 0.205

TP3: 0.198

Stop Loss (SL):

Above 0.228 (bearish setup invalidation)

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Market Outlook:

The short-term bias remains bearish while price stays below the key resistance zone. A breakdown below local support can accelerate downside momentum. However, a strong reclaim and close above 0.228 would invalidate this setup and shift the bias back to bullish.

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