Here's a technical breakdown and trading insight for $ENA

/TRY (Ethena / Turkish Lira)

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🧠 ENA/TRY Market Overview

Current Price: ₺12.918

USD Equivalent: $0.3216

24h Change: -2.58% (slightly bearish)

24h High: ₺13.759

24h Low: ₺12.520

24h Volume:

ENA: 6.85M

TRY: ₺89.57M

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📊 Volume & Moving Averages

Indicator Value Interpretation

Vol (Current) 131,360.67 Moderate

MA(5) 136,725.93 Neutral to weakening trend

MA(10) 259,235.46 Strong past volume now fading

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🔍 Order Book Depth & Key Price Levels

Resistance Levels Support Levels

₺14.546 (major) ₺12.520 (24h low/support)

₺14.449 (intermediate) ₺12.423 (next support)

₺14.121 (minor) ₺12.00 psychological

₺13.697 (near-term)

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📉 Trend Summary

ENA has pulled back from a recent high of ₺13.76.

The -2.58% decline and approach toward ₺12.50 suggests testing support.

Volume is declining vs. MA(10), indicating cooling demand.

The price is now sitting on short-term support — further drop below ₺12.42 could open a dip toward ₺12 or ₺11.50.

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💡 Trade Strategy Suggestions

🔸 Support Bounce Play (High Risk)

Strategy Entry Range Target Stop Loss

Long ₺12.50 – ₺12.90 ₺13.60 – ₺13.75 < ₺12.30

Short (Aggressive) ₺13.60 – ₺14.00 ₺12.90 – ₺12.60 > ₺14.20

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⚠️ Risk Notes

A drop below ₺12.42 could trigger panic selling or stop-loss cascades.

Recovery depends on broader altcoin sentiment, especially ETH, BTC, and stablecoins.

If volume increases near ₺12.50 and bounces, it might signal short-term accumulation.

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Would you like:

📉 A chart-based analysis (RSI, MACD, Bollinger)?

🗓 A swing trade outlook for this week?

📊 A comparison with other TRY pairs like AUDIO or WIF?

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