🟢 $ENA Technical Analysis – Breakdown Ahead? Here’s What My Analysis Says

ENA is sitting heavy, traders are nervous, and the charts are telling a clear story. The pressure is building and one level is deciding where this goes next.

Price is around $0.663 after rejection at $0.71. On both 1H and 15M charts, the structure is weak — lower highs keep stacking, and every bounce is met with sell pressure. The $0.6546 low is the critical support. If that breaks, a sharp move down toward $0.63 is likely.

💸 Whales & Moneyflow

A whale dropped 15.1M ENA worth $10M into Binance, locking in a 125% gain and loading the exchange with sell supply. That’s short-term bearish. At the same time, 6.7M ENA has been pulled off exchanges by an institutional wallet, showing long-term buyers still accumulating. The balance today leans toward short-term selling but with a strong backdrop of long-term support.

🎯Future Setup – Short Term

👉 Position: SHORT

👉 Entry: $0.66 – $0.668

👉 TP: $0.654 → $0.63

👉 SL: $0.688

🎯Future Setup – Long Term (Day Trade / Swing)

👉 Position: LONG

👉 Entry: only above confirmed breakout at $0.688

👉 TP: $0.71 → $0.80

👉 SL: $0.672

✅ My Take

Right now the short side has the edge — whales sending $10M to Binance doesn’t leave much room for optimism intraday. Shorts remain valid until $0.688 is reclaimed. For swing traders, patience is key: above $0.688, the long side opens up with targets back to $0.80.