$ENA This DeFi token just DOUBLED off its base and is now dumping hard from the top this is the exhaustion move everyone should be watching 🔻🔥
ENA spent forever chopping quietly between 0.085-0.095, and then absolutely exploded a nearly vertical run all the way to a high of 0.1835, more than doubling off the base in one uninterrupted session. That's an extreme, extreme move for a mid-cap DeFi token, and the market is already responding: price has sliced back over 14% from the top down to 0.1565, with multiple red candles stacking up right at the highs. When a move goes this parabolic this fast, the retracement that follows tends to be just as sharp this looks like the start of that unwind.
The old consolidation zone near 0.085-0.095 is way below and probably too far for a single leg, but the more immediate structure around 0.12-0.13 (the mid-point of the vertical run) is the first realistic zone where buyers might step back in.
Trade Setup:
- Pair: $ENA USDT
- Direction: SHORT
- Leverage: 3x
- Entry Zone: 0.1500 – 0.1620
- TP1: 0.1350 28%
- TP2: 0.1200 55%
- TP3: 0.1050 80%
- Stop Loss: 0.1720
