Hereโs a technical analysis and trade insight for $ENA
/TRY
๐ ENA/TRY Market Overview
๐ฐ Current Price
โบ12.969
USD Equivalent: ~$0.3229
24h Change: -7.63% (Bearish sentiment)
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๐ 24-Hour Range
High: โบ14.079
Low: โบ12.520
Current Price: Just above the daily low โ suggests continued downward pressure
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๐ Volume & Moving Averages
24h Volume (ENA): 7.75M
24h Volume (TRY): โบ102.43M
Live Vol (last depth): 85,158.52
MA(5): 365,856.70
MA(10): 421,148.69
๐ Interpretation:
High volume suggests active trading, but the falling price shows distribution.
Trading below both MAs confirms short-term downtrend.
Further weakness expected unless support holds and reversal signs emerge.
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๐ Key Technical Levels
Type Price (โบ) Comment
๐ผ Resistance 1 13.88 Minor bounce zone
๐ผ Resistance 2 14.80 Significant intraday resistance
๐ผ Resistance 3 15.50+ Strong upside breakout level
โ ๏ธ Current Price 12.969 Under short-term selling pressure
๐ฝ Support 1 12.52 Key floor from 24h low
๐ฝ Support 2 12.06 Psychological round level
๐ฝ Support 3 11.36 Last defense before deeper drop
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๐ฏ Potential Trade Setups
๐ Support Bounce Play
Entry Zone: โบ12.50 โ โบ12.80
Target 1: โบ13.88
Target 2: โบ14.80
Stop Loss: โบ11.90
๐ก Requires bullish candle formation or reversal volume from the โบ12.5 zone.
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๐ Breakout Trade
Entry: Confirmed break and hold above โบ14.80
Target: โบ15.50 โ โบ16.50
Stop Loss: โบ13.80
๐ก Only valid with strong volume confirmation and reclaim of short-term trendline.
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๐ Summary Outlook
Trend: Bearish short-term, but nearing oversold support zones
Momentum: Negative, with price near local bottom
Volume: Healthy, but likely selling-dominant today
Decision Zone: โบ12.50 โ โบ13.00 (support test zone)
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