$ENA
The 4-hour trend remains strong, indicating continued bullish momentum in the short term. Shifting our focus to the daily timeframe, it's crucial to monitor the resistance level at 0.41. This area has the potential to form a bottom reversal structure, which could signal a larger trend shift.
Caution for Short Positions:
If you're still holding onto short positions, be mindful of the growing risk. The market is showing signs of strength, and any sudden breakout could leave late shorts trapped.
Stay sharp and manage risk accordingly.$ENA