Expert Opinion: Bearish on $ENA

ENA/USDT is currently in an upward channel, and the price is testing the upper resistance level. This resistance level has previously restricted price increases multiple times, indicating a potential for a pullback.

Resistance Level: Around 0.5000.

Support Level: Around 0.4250.

Trade Setup:

Entry: Short around 0.4950.

Stop Loss: Around 0.5050, set above the resistance level.

Take Profit: Target 0.4250, lower boundary of the channel.

Conclusion: This short trade has a good risk-reward ratio, but be sure to reassess if it breaks above 0.5000.#内容挖矿