$ENA is forming a macro double bottom after reclaiming the $0.50 support and rallying nearly +70% from the lows.
Strong rejection occurred near $1.3, matching a prior resistance zone.
The next key resistance sits around $1.5 — breaking this level would confirm a trend reversal.
As long as $0.50 holds, the higher-timeframe structure remains bullish.
A drop below $0.50 would invalidate the setup and reopen downside risk.
