1. ENA/USDC
2. Current trend
- Prix : ~0.444 USDC
- Variation 24h : environ +5.69%
- 24h high: 0.4763
- 24h low: 0.4016
- 24h Volume (ENA): ~21.81 Million
- 24h Volume (USDC) : ~9.53 Million
The price is rebounding from the 0.40 area, which offers a slight boost in optimism. However, the overall trend is still weakened by the sharp decline of the last few weeks.
3. Moving Averages
- MA(7) : 0.4349
- MA(25) : 0.5307
- MA(99) : 0.8069
The move above the MA(7) reveals a small short-term bounce, but the price remains well below the MA(25) and the MA(99), indicating persistent bearish pressure in the medium to long term.
4. Technical Indicators
- RSI(6): ~46, zone close to neutrality (50).
- MACD: DIF ~-0.0856, DEA ~-0.0945, positive histogram (~0.0089). This signals a slight recovery, without a solid crossing into positive territory for now.
- StochRSI: ~52 → relatively neutral zone, leaving the possibility of limited progression in the short term.
- Williams %R (14): ~-62, below -50, reflecting momentum still lagging behind a truly bullish trend.
5. Order Book and Volumes
- Buying pressure: ~25%
- Selling pressure: ~75%
Significant offers are observed from 0.50 and above, which may slow down a rapid rise. Buy positions seem to be grouped under 0.40. Overall volume has increased during the rise, but the mass of sellers remains significant.
6. Perspectives and Scenarios
- Bullish scenario: Holding above 0.43 could allow us to target 0.48-0.50. Crossing 0.53 (MA25) would then be a stronger signal of a medium-term recovery.
- Bearish scenario: A return below 0.40 would cause the price to fall back into a zone of weakness, with the risk of revisiting 0.35, or even 0.32 if selling pressure intensifies.
7. Possible Action Plan (with entry points, SL and TP)
- Long (speculative) position
- Entry point: around 0.44 (or on a decline towards 0.43).
- Stop-loss: below 0.39, to limit the risk if the recovery fails.
- Take Profit (based on Fibonacci retracements from a peak near 1.33 to a trough around 0.32):
- TP1 : ~0.52 (retracement 23.6%)
- TP2 : ~0.64 (retracement 38.2%)
- TP3: ~0.82 (50% retracement) if the trend resumes more sustainably.
8. Synthesis
The current rebound is part of a context that is still fragile on longer horizons. A long position remains possible, but with a tight stop to limit the loss if the price falls below 0.40. Fibonacci objectives make it possible to mark out potential target levels in the event of a continuation of the rise.
9. Analysis presented for informational purposes. Do your own research (DYOR).
