$ENA Takes a Hit! Will the Bulls Step In at Support?🚨
— Down 14%, But the Chart Hints at a Potential Reversal
$ENA has taken a sharp 14% dip in the last 24 hours, dropping to ₹50.22 (~$0.5738). After hitting a low of $0.5591, it’s showing signs of stabilizing — but is this the calm before a bounce?
📊 Chart Signals:
🔻 Recent High: $0.6835 — now trading ~16% below it
🔁 Support Zone: $0.5580–$0.5600 holding for now
🔼 Short-term Resistance: $0.6040–$0.6100
🔍 Volume Surge: 650M ENA traded in 24h — volatility is hot
📈 Momentum Snapshot:
📉 Today: -6.56%
✅ 7D: +18.55%
✅ 30D: +125.20%
✅ 90D: +83.56%
🚨 180D: -20.70%
💹 Trading Signal:
Buy Zone: $0.5600–$0.5750 (bottom-fish opportunity)
Target: $0.6100–$0.6750
Stop Loss: Below $0.5520
🤔 High volume + sharp dip = potential bounce play? Keep it on your watchlist, especially if bulls reclaim $0.5900.
📉 Disclaimer: Not financial advice. Always DYOR. Crypto markets are volatile and carry risk.