$ENA Takes a Hit! Will the Bulls Step In at Support?๐จ
โ Down 14%, But the Chart Hints at a Potential Reversal
$ENA has taken a sharp 14% dip in the last 24 hours, dropping to โน50.22 (~$0.5738). After hitting a low of $0.5591, itโs showing signs of stabilizing โ but is this the calm before a bounce?
๐ Chart Signals:
๐ป Recent High: $0.6835 โ now trading ~16% below it
๐ Support Zone: $0.5580โ$0.5600 holding for now
๐ผ Short-term Resistance: $0.6040โ$0.6100
๐ Volume Surge: 650M ENA traded in 24h โ volatility is hot
๐ Momentum Snapshot:
๐ Today: -6.56%
โ 7D: +18.55%
โ 30D: +125.20%
โ 90D: +83.56%
๐จ 180D: -20.70%
๐น Trading Signal:
Buy Zone: $0.5600โ$0.5750 (bottom-fish opportunity)
Target: $0.6100โ$0.6750
Stop Loss: Below $0.5520
๐ค High volume + sharp dip = potential bounce play? Keep it on your watchlist, especially if bulls reclaim $0.5900.
๐ Disclaimer: Not financial advice. Always DYOR. Crypto markets are volatile and carry risk.