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$ENA (1h) - Bearish Rejection
Bias: Short
Entry (Zone): 0.1190 - 0.1210
Targets:
TP1: 0.1165
TP2: 0.1140
TP3: 0.1105
Stop Loss: 0.1242
Why this Setup:
I’m seeing price fail to reclaim the recent intraday rebound and stall back under nearby resistance, which keeps the downside rotation intact. I want to short into strength while momentum is fading, with room for a move back toward the prior lows if sellers defend this area.
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