Is this wave of $ENA going to take off or crash down? Understanding the rhythm gives you a chance to profit.
Many people have been asking recently if ENA can still be bought? Have they already missed the opportunity?
The chart makes it clear:
Since August 4th, ENA has risen from 0.51 to over 0.64, an increase of more than 25%, and this movement is significant.
However, after the rise, it quickly began to adjust, currently fluctuating around 0.57, with a lot of short-term profit-taking above and a certain support below.
From the trend, this wave of rise doesn’t seem to be a natural increase but rather shows signs of controlled rhythm.
The trading volume has clearly increased; the funds are not as simple as 'casual orders', the main force wants to move quickly but hasn’t immediately dumped, indicating there are still actions to come.
One detail: Currently, ENA's popularity in DeFi-related concepts is warming up, and some funds are rotating back. If combined with hot news or a market rebound, there might be one last surge.
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