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$ENA (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 0.0858 - 0.0870
Targets:
TP1: 0.0836
TP2: 0.0818
TP3: 0.0796
Stop Loss: 0.0883
Why this Setup:
I’m looking for a short here because price has run into a clear resistance area after a strong rebound, and I think momentum can stall if buyers lose follow-through. I want to fade this push and trade the move back toward the nearby support levels.