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$ENA (1h) - Short
Bias: Short
Entry (Zone): 0.0872 - 0.0878
Targets:
TP1: 0.0859
TP2: 0.0849
TP3: 0.0836
Stop Loss: 0.0891
Why this Setup:
I still see a bearish continuation setup as ENA is stalling under the recent swing high and losing momentum after the rebound. I want to fade a push into resistance and look for a move back through the local support levels if buyers fail to reclaim 0.088.