ENJUSDT.P: short setup from daily support at 0.05168Enjin Coin / TetherUS PERPETUAL CONTRACTBINANCE:ENJUSDT.PThe_Traders_HouseENJUSDT.P caught my attention with how cleanly the level is being respected. To be honest, the daily timeframe doesn't look great, but what the 5-minute chart shows is definitely worth a look. We can see a confident price drop right from the daily open, followed by a high-volatility strike exactly at the level—pip for pip. A sharp drop like that would have continued if the price hadn't hit a wall. In our case, that "wall" is someone's large limit order absorbing the selling pressure. After that, we saw another test of the level. In total, we already have two fakeouts, to which the asset shows zero bullish reaction. It's just sitting in consolidation right above the support, gearing up to break it. Therefore, I am expecting a breakout. Where would you place your stop loss in this situation?