$ENA /USDT BULLS LOSING STEAM – PULLBACK LIKELY AFTER RECENT SPIKE

ENA is trading at $0.7722, up over 3% on the day but showing signs of cooling after hitting the $0.8100 high. Price has slipped below the 7 MA on the 1H chart, signaling short-term profit-taking. If buyers fail to reclaim $0.7800, a deeper pullback toward the 25 MA could follow.

Trade Setup (Short-Term Short):

Entry: $0.7720 – $0.7780

Take Profits: $0.7600 / $0.7480 / $0.7350

Stop Loss: $0.7850

Market Outlook:

While ENA remains in an overall uptrend, momentum indicators suggest a cooling phase after the recent breakout. A healthy retracement toward support levels could set the stage for the next bullish leg if buyers step back in.

#ENA #DeFi #CryptoTrading #PriceAnalysis #Binance

buy and trade here on $ENA