$ENA tightening up—bounce setup or breakdown brewing?
Price: $0.3128
24H Change: -1.36%
Volume: 311.1K
$ENA is consolidating in a narrow range after bouncing off the $0.3044 low. If bulls reclaim $0.3160, price could head for $0.3200, $0.3260, and potentially retest the recent high at $0.3340.
But if it breaks below $0.3100, sellers could drag it down toward $0.3050 or even $0.3000.
Key Levels:
• Resistance: $0.3160 – $0.3200 – $0.3340
• Support: $0.3100 – $0.3050 – $0.3000
• Stop-loss Zone: Below $0.3090 (longs) / Above $0.3165 (shorts)
Order book shows seller dominance at 55.17%, so breakout traders should wait for confirmation before jumping in.