1. ENA/USDC
2. Current trend
Prix : 0.4776 USDC
24-hour variation: +18.07%
24h high: 0.4778
24h low: 0.4020
24h Volume (ENA) : ~23.92 Million
24h Volume (USDC) : ~10.56 Million
The market is showing a clear rebound from the 0.3859-0.40 zone, with a double-digit increase. However, we remain in a bearish context in the medium to long term if we look at the recent past (the price remains below certain key averages).
3. Moving Averages
- MA(7): 0.4404 → the price remains above
- MA(25): 0.5242 → main level to cross to envisage a more solid recovery
- MA(99): 0.8065 → retraces the broader downward trend
The move back above the MA(7) supports a short bounce. The next notable barrier is around the MA(25) (0.52).
4. Technical Indicators
- RSI(6): ~56.8, which reflects a slightly positive zone, without being overheated.
- MACD: DIF ~-0.0766, DEA ~-0.0907, positive histogram (0.0141). We are starting to see a recovery, but the MACD lines remain in negative territory (DIF < 0).
- StochRSI: ~85.7, suggesting short-term bullish momentum that could run out of steam if the market does not quickly clear the next hurdles.
- Williams %R (14): ~-40.5, leaving room for a possible bullish continuation, but we remain cautious until the price has broken the 0.52 zone.
5. Order Book and Volumes
- Buying pressure: ~25.9%
- Selling pressure: ~74.1%
Significant offers appear from 0.50, 0.60, 0.70… Which could slow the rise. Recent volume (over 1.37M) has increased, accompanying the intraday rise.
6. Perspectives and Scenarios
- Bullish scenario:
If the price holds above 0.44–0.45 and manages to pass 0.48–0.50, a test of the MA(25) (0.52) seems possible. Beyond 0.52, we would target 0.60 as the next psychological resistance.
- Bearish scenario:
If the price fails to sustainably break through 0.48–0.50 and falls back below 0.44, the risk of a correction towards 0.40 (or the recent low at 0.3859) reappears.
7. Plan d’Action Possible
- Buy (long) as long as the price remains above 0.44, to play the continuation of this rebound.
- Entry point: on a decline towards 0.45 or a confirmed break of 0.48.
- Stop-loss: below 0.42 to limit the risk in the event of a rapid downward return.
- Goals :
• TP1 : 0.52 (MA(25))
• TP2: 0.60 (if the dynamic continues)
• TP3: 0.65–0.70 (in case of a stronger bullish extension)
8. Synthesis
The short-term rise is well present, but the overall trend remains bearish in the medium-long term (MA(25) and MA(99) overhanging). For buyers, this is a speculative rebound that can continue if the price manages to exceed 0.50–0.52. Any break below 0.44 would weaken the current momentum.
9. Analysis presented for informational purposes. Do your own research (DYOR).
