Cardano is attempting to form a base after defending a major horizontal support zone. Price has started printing higher lows while approaching descending resistance, hinting at a possible trend change. A confirmed push above the resistance line could drive ADA toward 0.52-0.55, while failure would expose the lows again.
ENA after breaking above the long-standing downtrend, the stock managed to climb above and hold onto the area I identified as a historical support zone.
Currently, this support zone has made a nice retest at the upper band of $0.2276 and appears to have received confirmation of the retest in the short time frame.
Unless there is a negative event that affects the overall market, the upward trend is expected to continue and target the upper levels I have indicated on the chart.
long accumulation at the floor violent expansion that catches everyone late then a deep reset that convinces the crowd it's over every major cycle on this chart started the same way flat price, zero interest, patience punished right before a 600%-1700% vertical move price is back at the same structural zone again not hype driven not momentum driven structure driven .
these moves never start when it feels obvious they start when nothing is happening and no one is watching $FET DYOR
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