📢 ENA STAYS STRONG AGAINST THE PRESSURE OF 40 MILLION UNLOCKED TOKENS – UPDATED TRADING STRATEGY
On June 2nd, more than 40 million tokens $ENA were officially unlocked, raising concerns about a wave of sell-offs. However, the current price of ENA remains stable around $0.328, indicating that demand is absorbing the supply pressure well.
🎯 Updated short-term strategy:
Expected entry:
🔹 $0.31–$0.32 (near support zone)
🔹 $0.28–$0.29 (stronger support zone)
Proposed stop-loss:
🔻 $0.26 (breaks strong support, need to exit)
Target profit:
🔸 $0.36–$0.38 (near resistance)
🔸 $0.42–$0.45 (if the upward trend continues)
📊 Although ENA's price has dropped about 20% in the past week, the positive response after this unlocking gives hope for a short-term recovery.
⛔ Note: Always set stop-loss and manage capital carefully.