$ENJ SHORT SIGNAL WITH MOMENTUM ON OUR SIDE ๐ป
Entry: 0.0276 ๐ฅ
Target: 0.0272 ๐
Stop Loss: 0.0282 โ ๏ธ
The 15-minute chart is showing a clear shift in momentum as the bears start to take control. With a 70% confidence level on this setup and the higher timeframe bias aligning for further downside, this short has a solid risk-to-reward profile. Volume is ticking up, which often precedes another leg lower.
Iโm watching the 0.0276 zone closely โ a rejection here could trigger a fast move toward the first target. Do you agree this is the right spot to short or are you waiting for a retest?
Not financial advice. Always manage your risk.
#ENJ #ShortSetup #Downtrend #Crypto
๐ป
Entry: 0.0276 ๐ฅ
Target: 0.0272 ๐
Stop Loss: 0.0282 โ ๏ธ
The 15-minute chart is showing a clear shift in momentum as the bears start to take control. With a 70% confidence level on this setup and the higher timeframe bias aligning for further downside, this short has a solid risk-to-reward profile. Volume is ticking up, which often precedes another leg lower.
Iโm watching the 0.0276 zone closely โ a rejection here could trigger a fast move toward the first target. Do you agree this is the right spot to short or are you waiting for a retest?
Not financial advice. Always manage your risk.
#ENJ #ShortSetup #Downtrend #Crypto
๐ป