šØ $ENA /USDT ā Major Sell-Off Alert! ā10.94% Crash, Is a Rebound Coming?
ENA has plunged nearly 11%, now trading around $0.5705, after failing to hold above the key $0.68 resistance. With a 24h volume of 628.5M ENA and heavy liquidation pressure, the token is testing crucial support at $0.5591.
š Market Breakdown:
Previous High: $0.6835
Current Price: $0.5705
Support Zone: $0.555 ā $0.530
Volume Spike: Suggests large-scale exits or repositioning
š Short Trade Idea:
Entry Range: $0.575 ā $0.585
Target 1: $0.552
Target 2: $0.530
Stop Loss: $0.601
If ENA loses the $0.55 support, we may see rapid continuation to $0.50. However, a strong bounce at this level could offer short-term scalping opportunities for sharp traders.
