๐Ÿ“ˆ $ENA /USDT โ€” Still Fighting for Life at the Bottom Zone

From this updated daily view, ENA looks like itโ€™s trying to reclaim dignity โ€” but itโ€™s not out of danger yet. Let's get into it:



๐Ÿ” Structure Analysis

After its parabolic blow-off top into January, ENA has formed a classic rounded top > death spiral.

Price has been grinding sideways in the $0.30โ€“$0.35 range since April โ€” forming what could be a long base.


๐Ÿง  What This Chart Says:
โœ… Bullish Clues

Today's +10.81% daily candle is breaking above MA-7 ($0.3143) โ€” early signal of local strength.

If follow-through volume comes, the next resistance is at the MA-25 ($0.3570) and the real test lies at MA-99 ($0.35).


โ— Bearish Warnings

MA-25 and MA-99 are both downward sloping โ€” trend is still bearish by default.

Every previous rally in this zone was rejected hard around $0.36โ€“$0.38.

๐Ÿงญ Whatโ€™s the Setup?

If this bounce holds:

Above $0.36, short-term traders will jump in.

Above $0.42, trend flip becomes real.

But if bulls fail to hold todayโ€™s gain?

$0.29 becomes a retest level. And below thatโ€ฆ itโ€™s trouble again.


๐Ÿ”ฎ Final Take:

โ€œENA is showing a heartbeat. But for this to become a bullish resurrection, it needs to reclaim the grave it just crawled out of โ€” $0.36+. Until then, itโ€™s a crab walk of chop and cope.โ€


โš ๏ธ DYOR โ€“ Do Your Own Research

This is not financial advice. Markets can be volatile โ€” always trade responsibly!