$ENA has just completed one of the cleanest bullish breakouts we’ve seen this month — transitioning from months of compression inside a bearish channel to an aggressive impulsive rally.

📉 Bearish Phase

For most of 2025, ENA traded within a descending parallel channel, stuck in a cycle of lower highs and lower lows. Momentum was firmly in the bears’ hands, and every rally attempt was quickly rejected at the channel’s upper bound.

📈 Bullish Breakout