$ENA

/USDT – Bearish Structure with Minor Intraday Recovery

ENA is currently trading at $0.2824, showing a +2.54% daily gain after bouncing from the 24h low of $0.2716. However, the 15-minute chart reveals continued lower highs and lower lows, indicating a weak structure with no solid trend reversal yet.

Key Technical Levels:

Current Price: $0.2824

Resistance Zone: $0.2865 – $0.2900

Support Zone: $0.2750 – $0.2715

Despite today's green move, ENA remains in a long-term downtrend, with steep losses across all higher timeframes (e.g., -74.39% over 180 days). A confirmed breakout above $0.2900 is needed to shift short-term momentum.

Pro Tip: This setup suits short-term scalpers only. Don't enter heavily unless price closes above $0.2865 on strong volume. Always protect entries with a tight stop below $0.2750.

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