#BinancePizza $ENA #EthereumSecurityInitiative #BinanceTGEAlayaAI ENA/USDT Market Analysis Report
Current Market Overview
• Last Price (Spot): 0.3793 USDT
• Last Price (Contract): 0.3789 USDT
• 24h Price Change: +2.54%
• 24h High: 0.3898 USDT
• 24h Low: 0.3571 USDT
• 24h Turnover (Spot): 13,202,996.43
USDT
• 24h Volume (Spot): 35,182,390.58 ENA
• 24h Turnover (Contract):
173,982,049.81 USDT
• 24h Volume (Contract): 464,350,762.00
• Funding Rate: 0.00002585
• Open Interest: 266,024,947 USDT
Whale Trader Signal
• Long Value: 39,003,133 ENA
• Short Value: 52,202,359 ENA
• Long/Short Ratio: 0.7 :1
Capital Flow
• Capital Inflow: 86,215,577 USDT
• Net Flow: -1,577,618 USDT
Support and Resistance Levels
• Resistance Price: 0.3862 USDT
• Support Price: 0.366 USDT
Technical Indicators
Bullish Indicators
• Currently, there are no significant bullish indicators for ENA.
Bearish Indicators
• RSI: Overbought (suggesting a potential price correction)
• EMA Break: Breakdown below the moving average (indicating a bearish trend)
Conclusion
The ENA/USDT pair is currently experiencing a slight upward trend with a 2.54% increase over the last 24 hours. However, the market shows signs of bearish pressure, particularly with the RSI indicating overbought conditions and a breakdown below the moving average. The capital outflow exceeding inflow suggests a cautious sentiment among traders.
Recommendations
Traders should monitor the support level at
0.366 USDT closely. If the price breaks below this level, it may indicate further bearish movement. Conversely, a breakout above the resistance at 0.3862 USDT could signal a potential bullish reversal.
