🔻 $ENA Bleeds, But Is It Bottoming Out? 🔻
$ENA just took a hard hit — crashing -11.32% in the past 24H to $0.2937, scraping a low of $0.2783 before bouncing slightly. This follows a steady downtrend from its peak at $0.3604, with the token now down a staggering -33.66% in 30 days and -61.32% over the past year.
💡 But here's the twist:
A clean green recovery candle has appeared post-dip, hinting at a possible short-term reversal. With 349M ENA traded in 24H, there’s clear liquidity and speculative interest on the rise.
📊 Key Observations:
• Oversold zone + volume spike = signs of demand
• Support forming near $0.278 — bounce zone for scalpers
• Resistance looms at $0.307 and $0.325
🧠 For traders:
This is where sniper entries could pay off — but timing and tight stop-losses are crucial.
⚠️ Disclaimer: Not financial advice. Do your own research. Trade carefully — the market moves fast!
#ENA #TradersLeague #AltcoinAnalysis #MarketRebound #TradingInsights