koinmilyoner
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Bullish
📈 $ENA /USDT — Still Fighting for Life at the Bottom Zone
From this updated daily view, ENA looks like it’s trying to reclaim dignity — but it’s not out of danger yet. Let's get into it:
🔍 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 $0.30–$0.35 range since April — forming what could be a long base.
🧠 What This Chart Says:
✅ Bullish Clues
Today's +10.81% daily candle is breaking above MA-7 ($0.3143) — 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).
❗ Bearish Warnings
MA-25 and MA-99 are both downward sloping — trend is still bearish by default.
Every previous rally in this zone was rejected hard around $0.36–$0.38.
🧭 What’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 today’s gain?
$0.29 becomes a retest level. And below that… it’s trouble again.
🔮 Final Take:
“ENA is showing a heartbeat. But for this to become a bullish resurrection, it needs to reclaim the grave it just crawled out of — $0.36+. Until then, it’s a crab walk of chop and cope.”
⚠️ DYOR – Do Your Own Research
This is not financial advice. Markets can be volatile — always trade responsibly!
From this updated daily view, ENA looks like it’s trying to reclaim dignity — but it’s not out of danger yet. Let's get into it:
🔍 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 $0.30–$0.35 range since April — forming what could be a long base.
🧠 What This Chart Says:
✅ Bullish Clues
Today's +10.81% daily candle is breaking above MA-7 ($0.3143) — 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).
❗ Bearish Warnings
MA-25 and MA-99 are both downward sloping — trend is still bearish by default.
Every previous rally in this zone was rejected hard around $0.36–$0.38.
🧭 What’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 today’s gain?
$0.29 becomes a retest level. And below that… it’s trouble again.
🔮 Final Take:
“ENA is showing a heartbeat. But for this to become a bullish resurrection, it needs to reclaim the grave it just crawled out of — $0.36+. Until then, it’s a crab walk of chop and cope.”
⚠️ DYOR – Do Your Own Research
This is not financial advice. Markets can be volatile — always trade responsibly!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
