💰$ENA is currently trading around $0.0900, showing fresh bearish pressure.
Technical Analysis (4H timeframe):
🔴 The SHORT Sequence 1 signal shows fresh selling activity with $18K in short volume (0.027% participation). Since this is only Sequence 1, further short signals would provide stronger confirmation.
⚠️ $0.0910–$0.0930 is the immediate resistance zone. A rejection from this area could keep sellers in control.
📉 Initial support is around $0.0885–$0.0895. A break below $0.0885 could extend the decline toward $0.0860–$0.0875.
Outlook: Short-term bias is bearish, but still early. Holding below $0.0930 keeps the downside scenario active, while a breakout above that zone would weaken the bearish setup.
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