🚨 $ENA /USDT – DeFi Bounce or Just Noise? 🔄
$ENA is showing signs of life with a +1.46% move to $0.381, but is it enough to flip the short-term trend? Price still lags under the key 7-day MA—momentum traders should watch closely.
📊 Market Overview
📍 Current Price: $0.381 (+1.46%)
📈 24h High: $0.4022
❄️ 24h Low: $0.3581
💰 24h Volume (ENA): 205.00M
💵 24h Volume (USDT): $77.67M
📊 Key Moving Averages
MA(7): $0.3870 (above price = short-term pressure)
MA(25): $0.3762
MA(99): $0.3702
Volume MA(5): 12.87M
Volume MA(10): 10.14M
📈 ENA Trade Setup – Levels to Watch
🔹 Bullish Scenario (If ENA Breaks and Closes Above $0.387):
Entry: $0.390+
Targets: $0.402, $0.407, $0.410
Stop-Loss: $0.376
🔹 Bearish Scenario (If Price Fails at $0.387 and Breaks Below $0.376):
Entry: $0.375 or lower
Targets: $0.358, $0.342
Stop-Loss: $0.390
🔍 Momentum Check
⚠️ Price under MA(7) = weak short-term trend
✅ Holding above MA(25) = mid-range support zone intact
⚠️ Volume tapering = watch for breakout confirmation before entering
💡 Pro Tip:
📊 Let the chart speak—volume must increase on breakout above $0.387
🚀 A move past $0.402 with conviction could ignite a breakout rally
💬 Watching this DeFi gem or passing for stronger setups?
👇 Share your trade plan & let the community weigh in!