$ENA 📈 ENA/USDT — High with Dangerous Technical Euphoria and Silent Distribution Volume

H4: Strong upward movement, +2.64%, but with an exhaustion candle forming near the local top — possible short reversal pattern

M15: Lateral consolidation with descending tops after a peak at 0.3776 — visible weakening of momentum, Sentiment 🟡 Technical Buy with Saturation Alert — elevated RSI and inconsistent volume suggest a pause in the rally

ENA/USDT is trading at $0.3622 with significant gains, after touching a maximum of $0.3776. The rally encountered technical resistance, with signs of exhaustion in short-term indicators. The structure is still bullish, but the decreasing volume suggests distribution. Buyers should exercise caution with new entries.

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Resistances

0.3664

0.3776

0.3850

Supports

0.3497

0.3423

0.3312

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RSI

H4: 63.61 Light overbought region, but no clear divergence

M15: 57.97 Loss of buying strength in neutral zone

MACD

H4: +0.0004 — Positive crossover, but with histogram already decreasing

M15: Neutral, indicating weakening of the trend

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Williams %R

H4: -29.90 — Still in overbought

M15: -32.94 — Near the limit, indicating a possible turn

Stochastic RSI

H4: 15.16 Entering relief zone, already crossing downwards

M15: 72.91 Trying to regain strength, but without volume to confirm

Volume

H4: Volume dropped during upward candles — typical distribution pattern

M15: Abrupt drop in volume suggests lateralization without conviction

Tactical Buy

Entry should only be considered on corrections above $0.3490 with increasing volume. Entries now are highly risky

Partial or Technical Sell

Current zone is conducive for partial profit realization — RSI and volume indicate weakening

Scalping

Neutral scenario for scalping: low spreads, but risk of sharp reversal after peak

The asset continues with a technical bullish bias, but signs of fatigue are accumulating quickly. The price is rising — but the strength is no longer keeping pace