TREDMASTER_69
--
Bearish
$ENA 🐻 ENA Faces Bearish Pressure 📉🔥 | Bearish Flag Signals Downside Risk ⚠️💣
ENA is forming a bearish flag, indicating that sellers are regaining control after a short consolidation 🚨📊. This setup often precedes a further downward move, making it crucial for traders to monitor key support levels closely 🧨💀.
📉 Key Bearish Indicators:
Resistance holding strong, preventing bulls from pushing higher 🛑⚔️.
RSI flattening near weak zones 🎯📉, signaling declining buying momentum.
MACD bearish crossover confirmed 🚨📊, reinforcing downward pressure.
Volume spikes on red candles 🔴🔥, showing increasing sell-side activity.
💼 On-chain metrics support the bearish outlook: exchange balances rising 🏦📈, suggesting whales may be offloading ENA 🐋📦. Wallet growth slowing 👛📉, reflecting weaker retail participation and reduced network support.
🗣️ Social sentiment cooling ❄️📱, as traders’ focus shifts toward trending coins like Shibarium, Bonk, and Pepecoin. Low hype can accelerate panic-driven sell-offs 🌫️💣.
⚠️ Risk management is essential — avoid chasing minor bounces. Patience pays off 🕰️💰 while waiting for confirmation of trend reversal.
If ENA breaks below key support, a sharp downward move could occur, triggering stop-loss cascades and trapping late buyers ⚡💀.
⚠️ Not financial advice — always DYOR 🧠📚
ENA is forming a bearish flag, indicating that sellers are regaining control after a short consolidation 🚨📊. This setup often precedes a further downward move, making it crucial for traders to monitor key support levels closely 🧨💀.
📉 Key Bearish Indicators:
Resistance holding strong, preventing bulls from pushing higher 🛑⚔️.
RSI flattening near weak zones 🎯📉, signaling declining buying momentum.
MACD bearish crossover confirmed 🚨📊, reinforcing downward pressure.
Volume spikes on red candles 🔴🔥, showing increasing sell-side activity.
💼 On-chain metrics support the bearish outlook: exchange balances rising 🏦📈, suggesting whales may be offloading ENA 🐋📦. Wallet growth slowing 👛📉, reflecting weaker retail participation and reduced network support.
🗣️ Social sentiment cooling ❄️📱, as traders’ focus shifts toward trending coins like Shibarium, Bonk, and Pepecoin. Low hype can accelerate panic-driven sell-offs 🌫️💣.
⚠️ Risk management is essential — avoid chasing minor bounces. Patience pays off 🕰️💰 while waiting for confirmation of trend reversal.
If ENA breaks below key support, a sharp downward move could occur, triggering stop-loss cascades and trapping late buyers ⚡💀.
⚠️ Not financial advice — always DYOR 🧠📚
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
10
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Explore More From Creator
--