First of all, I went back to buying $ENA and this time I made two large purchases. #ENA

Analyzing the indicators of the ENA pair image and the data presented, we can draw some conclusions regarding the short term:

1. Current Price and Change:

The current price is at 0.3990 USDT, with a positive change of +4.01% in the last 24 hours, which indicates some optimism in the short term.

2. Bollinger Bands (BB):

The Bollinger bands are widening, which is a sign of increased volatility. The price is close to the lower band, indicating a possible recovery if volatility continues to increase and the asset has buying strength.

3. MACD (Moving Average Convergence Divergence):

The MACD chart shows a recent crossover of the fast moving average above the slow one, which is usually a buy signal. This crossover suggests a bullish momentum in the short term

4. Volume:

The volume is significant, with 123.193M transactions, and a greater predominance of selling pressure (54.39%) over buying (45.61%). This requires caution, because even with bullish signals, the market is still showing more sell orders

5. Resistance Points:

There are important resistances in the 0.4639, 0.4693, and 0.4798 ranges. These points indicate areas where the price may have difficulty continuing to rise, making them good targets for partial selling

Conclusion:

In the short term, the indicators suggest bullish potential due to the positive MACD crossover and the increased volatility in the Bollinger Bands. However, selling pressure is still considerable, so it would be wise to have a clear exit strategy

Possible Sell Points:

0.4639 USDT: First relevant resistance, great point for partial profit-taking

0.4693 USDT: Second resistance, could be a key selling target.

0.4798 USDT: Strongest resistance, full sell-off could be considered here if the asset reaches this level

Monitor the volume and the evolution of buying and selling pressure to adjust your strategy as the market reacts.