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$ENA (1h) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 0.0855 - 0.0868
Targets:
TP1: 0.0838
TP2: 0.0815
TP3: 0.0788
Stop Loss: 0.0889
Why this Setup:
I’m looking for a short here because price has lost momentum after the recent drop and is now stalling under nearby resistance. I want to see a rejection from this recovery zone, with downside continuing toward the prior lows if sellers stay in control.