From the latest daily chart, ENA looks like it's trying to make a comeback — but it's not out of the woods just yet.
🔎 Technical Snapshot:
After a massive run-up into January, ENA's chart has taken a classic rounded-top-to-breakdown route. Since April, the price has been consolidating sideways in the $0.30–$0.35 zone — potentially building a long base.
📊 Bullish Signals:
Today’s +10.81% candle pushed the price above the 7-day moving average ($0.3143), hinting at a short-term recovery.
If volume supports the move, the next key levels are MA-25 ($0.3570) and MA-99 (~$0.35).
⚠️ Bearish Flags:
Both MA-25 and MA-99 are still trending downward — the larger trend remains bearish.
Past attempts to rally above $0.36–$0.38 were rejected hard.
🧭 Trade Setup:
Holding above $0.36 could attract short-term buyers.
A close above $0.42 might trigger a true trend reversal.
If the bounce fades, $0.29 is the level to watch — a break below that could lead to fresh lows.
📝 Final Thoughts:
ENA’s showing some life. But unless it reclaims $0.36 convincingly, it’s still just moving sideways in survival mode.$ENA
