$ENA is in a strong downtrend, nearing oversold levels
Current price: $0.3242, down 6.14% over the last 24 hours. Price recently dropped from a high of $0.3597 and is now near the daily low of $0.3220.
The RSI(6) is at 26.20, which is deep in oversold territory, indicating potential for a short-term bounce or consolidation, though no reversal signal is confirmed yet.
Key levels to watch:
Support: $0.3220 (local low), followed by psychological support at $0.3200
Resistance: $0.3284 (previous minor support turned resistance), then $0.3367
Outlook:
Short-term bearish bias continues unless bulls defend $0.3220.
Watch for a bullish RSI divergence or reversal pattern for any long entry.
If $0.3220 breaks, next target could be $0.3150 or lower.
Buy and Trade here on $ENA
