๐ ENA โ RSI Oversold Near Support ๐
๐ช ENA is a DeFi token showing signs of exhaustion after a steady downtrend. Price action is testing key support with RSI dipping into oversold territory.
๐ Technical Analysis
- Short-term trend: Bearish
- Support: 0.6216
- Resistance: 0.6626
- RSI: 30.74 โ Oversold zone
- Volume: 15.75M โ Slight uptick
๐ Scenario Breakdown
- Bullish: Bounce from support with RSI recovery toward 0.6626
- Bearish: Breakdown below 0.6216 could trigger further sell-off
๐ Sentiment Meter
๐ Bearish Bias โ Weak support, selling pressure
โ ๏ธ Risk Level
๐ก Medium โ Mixed signals, confirmation needed
๐ฌ Will ENA hold the line or dip further? Drop your take below! ๐๐
๐ข Watchlist-worthy if support holdsโDeFi plays often rebound fast when sentiment shifts.
โ ๏ธ This post is for educational purposes only and does not constitute financial advice.
ENA #DeFi
