$ENA – Persistent Selling Pressure and Breakdown Below MA25 Support

Short $ENA

Entry: 0.2230 – 0.2285

SL: 0.2420

TP: 0.2070 – 0.1900 – 0.1750

Price Action Description:

On the 12h chart, $ENA is showing significant weakness following a failed attempt to reclaim the 0.26 level. The candlestick structure has deteriorated as price successfully closed below the MA25 (pink line) with a series of decisive bearish candles. The presence of upper wicks at the 0.23 short-term resistance indicates that buyers are exhausted and unable to sustain any upward momentum. As the price continues to hug the downward-sloping MA7, I expect ENA to drift lower and retest the previous major support zone around 0.19 to find deeper liquidity.

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ENAUSDT

دائم

0.2223

0.00%