The ENA/USDT pair is facing difficulties near the support level - pessimists still dominate

The ENA pair is trading at $0.3716, down over 8% in the last 24 hours. The chart shows a steady downward trend with lower highs and lower lows, while the price hovers above the key support level at $0.3645. Any breach below this level could trigger a new wave of selling.

Trading Settings:

Entry (Sell): $0.3720 - $0.3760

Take Profit: $0.3600 / $0.3520

Stop Loss: $0.3840

Market Outlook:

Unless the pessimists quickly recover the resistance level at $0.385, the trend will remain bearish. Watch for increases in trading volumes at breakouts to confirm the trend's continuation.

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$0.3726

-7.97%