$ENA
is exploding past 0.4! This isn’t just a pump—it’s a full-chain breakout. The 0.35 resistance got obliterated, and now we’re racing toward 0.45 with zero overhead supply.
Why This Move is Different:
On-chain gamma squeeze: Large OI building in perpetuals while spot bids stack
Liquidity raid in progress: CEX order books show a thin ask wall up to 0.43—easy fuel for continuation
Multi-timeframe confirmation: Daily + weekly candles both closed above 200EMA, signaling macro trend flip
Trade Setup:
Entry: 0.39-0.41 (retest of broken resistance = new support)
Stop: 0.345 (lose this, structure breaks)
Targets: 0.45 (immediate), then 0.55-0.60 (HVN gap fill)
Alpha Insight: The way $ENA is holding VWAP as support during consolidation screams institutional accumulation. When memecoin money rotates into this, the move could get violent fast.