Breaking Market Update: $ENA — 4H Trend Remains Bearish Amid Ongoing Consolidation

$ENA continues to trade in a consolidation range following its recent rally, but higher-timeframe indicators still lean bearish. The price remains capped by resistance near 0.2881, which continues to halt upward momentum, while support around 0.2775 is holding for now.

A breakdown beneath 0.2775 could open the path toward the 0.2672 and 0.2615 zones. Conversely, a decisive move above 0.2989 would signal a potential shift toward bullish momentum. The market is sitting at a pivotal point, with the reaction around these key levels likely to determine the next major move.