Looking at the 15m chart, ENA is stubbornly moving sideways around 0.1153 after a strong sell-off. The crowd is starting to believe that the price has found a stopping point and is hurriedly accumulating long orders. However, look at the volume: the rebound force is too weak compared to the previous selling pressure. This is a typical "squeeze" state – the price is compressing to accumulate momentum for a deeper drop to wipe out liquidity at the 0.112 area. Whales are just waiting for enough long orders to pile up to start the purge.
ENAUSDT
Perp
0.092
-4.66%