๐ ENA Bounces Strong From the Bottom โ Bullish Reversal in Play? ๐
$ENA /USDT dipped to a 24H low of $0.4244 earlier today but has since mounted a sharp recovery, climbing back to $0.4641. While the daily chart still shows -2.58%, the 5-minute candles are telling a different story โ a potential bullish reversal is underway.
After printing a solid rally from the bottom, ENA tapped a local high of $0.4690, just shy of its 24H peak at $0.4880. Volume is notable too โ over 458M ENA traded in 24 hours, indicating solid trader interest and momentum building.
If ENA can break and hold above $0.4700, it could quickly reclaim the $0.4800โ$0.4880 zone. But if rejection kicks in here, a retest of $0.4510โ$0.4450 support is likely.
๐ Setup looks attractive for breakout traders, but smart risk control is key.
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