$ENA Analysis

🎯 Target: 0.5931

📉 Current Price: 0.5888

Price Action:

ENA has been in a short-term downtrend, with recent candlesticks mostly red — signaling sustained selling pressure.

Moving Averages (MA):

The short-term MA(7) is below both MA(25) and MA(99), confirming a bearish outlook. All MAs are trending downward, reinforcing the negative momentum.

MACD Indicator:

While exact MACD values aren’t visible, its presence suggests momentum analysis is key. A bearish crossover or a negative histogram would typically indicate continued downward pressure.

📊 Conclusion:

Bearish sentiment dominates, but keep an eye on MACD for possible trend reversal signs.