ENA
The previous wave of ENA decreased by 27% from 0.7$ to 0.51$ , then increased by 68% from 0.51 to 0.86$. This current wave continues to decrease from 0.86$ to 0.622$ , also exactly 27%. Will the price rise from here or continue to seek liquidity in the range of 0.55 to 0.6$ ? Regardless, it's still an opportunity to buy more.
In the previous wave, there was a decrease of 27% and everyone was buying in; no one predicted a strong drop or anything, but this wave is also 27%. However, many people have started to panic because the entry point is around 0.7$ , and most are using margin leverage or futures.
Advice.
Futures stop-loss below 0.54 is safe.
Spot, maintaining this cycle, ENA will not go below 1.5$ .
There are a lot of articles about ENA, guys.
If you need to calm down or read my articles about ENA.
If there is an increase, there must be a decrease, but it won't be as drastic as you often exaggerate it to be ^^