📉 $ENA /USDT – 4H Trend Continuation (Bearish Bias)
ENA is clearly in a strong downtrend on the 4H timeframe. Price is trading below EMA 20, 50 & 200, and every bounce is getting sold — which confirms trend continuation, not reversal.
The recent dip to 0.1207 looks like a temporary liquidity sweep, but structure is still weak until key EMAs are reclaimed.
Technical View (4H):
• Lower highs & lower lows
• Price below all major EMAs
• EMA 20 & 50 acting as resistance
• Trend = bearish, momentum still heavy
Trade Setup: SHORT
Allocation Time: 1–3 days
Entry Zone:
0.140 – 0.145 (pullback area)
🎯 Targets (TPs):
TP1: 0.132
TP2: 0.125
TP3: 0.118 – 0.115
Stop-Loss:
Above 0.152 (EMA 20 + structure invalidation)
⚠️ Important Note:
This is not a long yet. Long only becomes valid if ENA reclaims and holds above EMA 50 on 4H with volume confirmation.
