My view on $ENA ? The structure is clean — no need to overcomplicate it 👇
It had a solid run earlier, but once the price hit that major resistance near the highs, it got rejected hard. That rejection flipped the trend bearish — clear lower highs and lower lows since then 📉
Now, things are getting interesting...
Price is sitting right on a strong demand zone around 0.217.
It’s held as support before, and now we’re seeing selling pressure slow down here — that’s usually a good sign ⚠️
This isn’t a breakout yet. But it is where smart money starts paying attention. This is often where accumulation begins — not up top when everyone’s chasing.
What changes the game?
✅ Holding this base and reclaiming higher levels with strong momentum.
❌ Clean break below support? We probably go lower before any real bounce.
Right now:
• Trend is down
• Price is at key support
• Risk here is lower than it was up high
• No panic — just patience and confirmation 🧠
Let price action do the talking 🎯
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