$ENA showing weakness after rejection from local top — bearish pressure increasing.
📊 Technical Analysis
• Strong rejection at 0.1310
• Breakdown from consolidation range
• RSI oversold but still trending down
• Momentum bearish
Key Levels
Support: 0.1115 — 0.1050
Resistance: 0.1200 — 0.1260
🎯 Trade Plan
Short Bias
Entry: 0.1180 – 0.1210
TP1: 0.1115
TP2: 0.1050
SL: 0.1265
Long (Reversal Only)
Entry: 0.1050
TP: 0.1180
SL: 0.0990
🌐 Fundamental View
• DeFi narrative cooling short-term
• Volume decreasing
• Still strong mid-term project interest
Outlook: Bearish short-term, bullish mid-term
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk before trading.
ENA
0.1112
-0.44%