$ENA /USDT Technical Analysis – August 5, 2025 (18:00 GMT)

ENA/USDT is showing signs of a controlled uptrend, currently trading at 0.5813 USDT, reflecting a stable +0.33% gain in the last 24 hours. After testing a strong support at 0.5676, the price rebounded and is now consolidating between 0.5813 and 0.5963, hinting at accumulation before a potential breakout. The daily high of 0.6109 suggests bulls are still in control, while the solid 24h volume of 292.10M ENA shows continued interest and liquidity in the DeFi space. This structure forms a potential bullish flag — a classic continuation pattern signaling the next leg could target 0.6124 and 0.6286 if volume increases during the next rally.

Traders should watch the 0.5963 resistance closely; a clean break and hold above it could open the door toward the key psychological level at 0.6411, with 0.6448 as an extended target. Short-term pullbacks toward 0.5676–0.5730 can offer attractive buy zones for swing entries. Given the current upward structure and steady capital inflow, ENA remains a solid intraday and short-term swing trade candidate. Momentum is gradually building — and if bulls take over above 0.6124, a strong surge could follow.