$ENA /USDT: A Critical Breakdown‼️
The recent price action for $ENA /USDT has caught our attention. The pair has broken below the crucial support zone of $0.68 to $0.70. 📉
This breakdown suggests that the short-term trend is favoring bears. For a bullish reversal to occur, $ENA will need to reclaim and hold above this former support zone. Until then, the path of least resistance appears to be downward. 🐻
Key Levels to Watch:
* Support: The new area of interest is the $0.68 - $0.70 range, which has now flipped to a resistance zone.
* Resistance: A reclaim of this zone would be a positive sign for bulls.