$ENA / USDT Technical Analysis
Current Market Status
- Price: $0.2678 (-15.31% 24h)
- 24h Range: $0.2615 - $0.3181
- Volume: $48.31M (moderate liquidity)
Key Technical Indicators
- Trend:
EMA(9) < EMA(50) < EMA(200) → Strong downtrend
MACD: -0.0005 (bearish momentum continues)
- Momentum:
RSI(14): 28.4 (oversold condition)
StochRSI: 61.77 (neutral zone)
- Volume:
OBV: -162.37M (selling pressure dominant)
Short-Term Outlook (Next 6-12h)
1. Bearish Continuation (70% Probability)
Breakdown below $0.2615 → Targets $0.2500
Confirmation: RSI below 30 + negative OBV
2. Dead Cat Bounce (30% Probability)
Relief rally to $0.2800 - $0.2900
Requirement: Significant buy volume
Critical Levels
- Resistance: $0.2734 → $0.2976
- Support: $0.2615 → $0.2500
Trading Strategy
- Short Positions: Consider below $0.2650 (stop-loss $0.2735)
- Long Positions: Only above $0.2800 with volume confirmation
- Risk Warning: High volatility asset
Final Note
ENA maintains strong bearish momentum. Exercise caution and wait for clear signals before entering positions.