$ENA /USDC TECHNICAL ANALYSIS BOUNCE OR TRAP?
After a steep decline from the $0.3779 region, $ENA finally found temporary support at $0.2786, marking a local bottom. The recent recovery toward $0.3001 (+2.39%) suggests early signs of buyer interest.
Current Structure: Consolidation after a downtrend
Support Zone: $0.2780 – $0.2860
Resistance Zone: $0.3040 – $0.3170
Trade Ideas:
Long Setup:
• Entry: $0.298 – $0.301
• TP1: $0.317
• TP2: $0.339
• SL: $0.286
Short Setup (if rejected at resistance):
• Entry: $0.304 – $0.307
• TP1: $0.290
• TP2: $0.278
• SL: $0.312
Volume is still moderate; a breakout above $0.305 could signal trend reversal.
Caution: Watch for fakeouts in this range.
buy and trade here on $ENA