$ENA /USDT – 4H Trade Setup
Market Insight:
$ENA is trading at $0.5887, down -2.45% after a pullback from the $0.6411 high. The current price is sitting just above short-term support at $0.5818. Volume remains robust with 343M ENA traded in 24H and over $210M USDT, suggesting traders are still actively participating. Moving averages MA(5) and MA(10) are trending higher than the current volume, indicating temporary weakness in momentum.
Entry Zone
Buy between: $0.582 – $0.590
Targets
Target 1: $0.602 (near resistance)
Target 2: $0.616 (local pivot zone)
Target 3: $0.641 (recent high)
Stop Loss
Below $0.574 (under recent support wick and structure)
Key Levels
Support: $0.5818 / $0.5773 / $0.5741
Resistance: $0.6022 / $0.6162 / $0.6411
Pivot: $0.5887
Pro Tip
Watch for bullish divergence or a bounce at $0.582 support. A strong 4H candle closing above $0.602 could signal continuation. Be cautious if the price loses $0.574 support—this could trigger further downside.
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