๐จ $ENA /USDT โ 5% Drop! Dip Buy or DeFi Breakdown? ๐งช๐ป
$ENA just slid to $0.5737, losing -5.64% after rejection from the $0.6109 zone. Is this just a retest before lift-offโor are DeFi bulls losing grip? Letโs break it down ๐
๐ Market Overview
๐ Current Price: $0.5737
๐ 24h High: $0.6109
โ๏ธ 24h Low: $0.5676
๐ Parabolic SAR: $0.5403 (Uptrend still activeโbut at risk)
๐ MACD Momentum:
โโข DIF: -0.0062 (Bearish crossover confirmed)
โโข DEA: +0.0014
โโข MACD: -0.0076 (Downward momentum accelerating)
๐ ENA Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If ENA Holds Above $0.5670):
Entry: Above $0.5783
Targets: $0.6109, $0.6542, $0.6835+
Stop-Loss: $0.5400
๐น Bearish Scenario (If ENA Breaks Below $0.5400):
Entry: Below $0.5370
Targets: $0.5110, $0.5023, $0.4900
Stop-Loss: $0.5780
๐ Hold or Sell?
โ ๏ธ Weak bounce near $0.574 = bears gaining ground
โ SAR still supports bullish structure, but MACD signals caution
๐ If $0.540 failsโexpect a deeper retrace into $0.50 territory
๐ก Pro Tip:
๐ A strong recovery above $0.6109 with volume could flip momentum fast
๐ But no strength = further drop toward the psychological $0.5000 levelโmanage entries carefully!
๐ข Are you scooping ENA on this dip or watching from the sidelines? Drop your setup!
๐ฅ LIKE & SHARE if you want more real-time DeFi trade setups! ๐