$ENA

🚨🔻 There’s a Bear Flag at Chart — Market Might Dump 🔻🚨

📉⚠️💣📊😬

ENA is flashing strong warning signals as a bear flag structure forms on the chart — a textbook bearish continuation pattern that traders can't ignore. 📉🚩 After a recent downtrend, this flag suggests the market could be preparing for another leg down, and the pressure is clearly building. 🧨📊

📊 The bear flag typically represents a pause before continuation to the downside, and ENA seems to be following that script closely. The price action is tightly compressed within a rising channel after a steep drop, often a precursor to a sharp move lower. 📉⛓️ This setup becomes especially concerning if support breaks on high volume. 🔍📢

🔍 From a volume standpoint, things are not looking great. 🧾 Participation is thinning during this sideways movement, which often points to a lack of conviction from buyers. If sellers regain control, the market could unravel fast. 🚨💥

📉 In terms of technical indicators, RSI is hovering near neutral but leaning toward overbought, and MACD is threatening a bearish crossover. These signs align with the bear flag narrative, further raising the likelihood of a downside move. 📈⚠️

💼 On the market side, there's been a noticeable uptick in sell orders, particularly at resistance levels. Big players may be unloading or hedging, which often leads to heavy downside if momentum kicks in. 🧠📊

📉 Even sentiment across social platforms and on-chain analytics are showing cracks. Wallet distribution shows minor outflows from key holders, and discussions around ENA have shifted from bullish optimism to caution and concern. 🤔💬

⚠️ It’s crucial to monitor support zones closely — a break below key levels could trigger panic selling or liquidations. 📉💣 With this kind of flag setup, the downside can accelerate rapidly once momentum builds.

🔻 Final note: Bear flags don't always break down, but when they do, they tend to move swiftly.