ENA/USDC – Confirmed Accumulation Zone?

Detailed technical analysis focusing on 4h setup + daily trend

The ENA/USDC pair is starting to show clear signs of a possible structural reversal. After a clean break of the descending trend line (DTL) on the daily chart, with a significant increase in volume, the price is now consolidating between two key moving averages:

MA50 (0.3566) as support

MA200 (0.4886) as macro resistance

This range technically represents a strategic accumulation zone. The 50-period moving average has held well, and we are observing candles closing above the broken DTL, which strengthens the reversal hypothesis.

Another important point:

The daily RSI is recovering from low levels, and I am watching for the RSI < 30 on the 4h chart — which, within my setup, tends to be the ideal trigger for position reinforcement.

Critical resistance at 0.3439 (previous support) is being tested. A strong close above this line could be the missing confirmation for expansion up to the MA200.

Current strategy:

Fractional entry at the current zone

Addition if 4h RSI touches <30

Stop below the daily MA50

Progressive target based on price action

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Monitoring closely. And you, are you positioning yourselves in ENA?

Comment on your analyses!

#ENA #USDC