$ENA Coin – Elliott Wave & Fibonacci Analysis (1H Global TF)

The chart suggests that the growing impulse of five Elliott waves on YENA has likely completed. We’re now entering a correction phase — Wave 2.

According to Fibonacci retracement, we can consider the following key correction levels:

🔹 0.5 – potential support

🔹 0.6 – deeper retracement

🔹 0.7 – likely target: 0.22356

Correction to the 0.22356 level looks probable as the market cools down after the impulse. Let’s monitor price action closely for confirmation.

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