$ENA ENA Bearish Flag 🏴📉 | Sell Pressure Mounting & Market Weakness Showing 🚨💣

ENA is waving a warning sign as the bearish flag formation tightens its grip 🏴📊. Sellers are dominating the charts, and the setup suggests a possible continuation to the downside if momentum doesn’t shift soon. ⚠️📉

🔻 Strong resistance is capping price action hard, rejecting every bullish attempt 🛑🔄. At the same time, sell pressure is increasing with buy volume declining 💸📉. The RSI is flattening without signs of recovery 🎯🧊, while the MACD shows a bearish crossover confirming weakening trend momentum 🚨📊.

📉 Volume spikes are leaning red — each rejection sparks heavier liquidation moves 💥🔥. Exchange balances are rising 🏦📈, showing tokens flowing back into trading platforms — a classic distribution pattern 🐳📤. This suggests whale distribution may already be underway, reducing the chances of a quick reversal 🐋❌.

😬 On-chain, wallet growth is slowing, showing network activity cooling off 🧊📉. Combined with social sentiment cooling across communities 🗨️💤, the market lacks the hype fuel needed to counter bearish continuation.

Traders need to manage risk carefully ⚖️ — chasing small bounces could lead to getting trapped in liquidity hunts. In these setups, patience pays off 🕰️💰, waiting for confirmation of reversal or a safer entry point.

If the flag breaks down, ENA could test deeper support levels fast 🚨⏳. The market is leaning bearish — and unless demand returns, downside pressure may accelerate. 📉💣

⚠️ Not financial advice — always DYOR 🧠📚