ENA MARKET STRUCTURE FLUSHES OUT WEAK HANDS

Liquidity pools are repositioning aggressively as $ENA is testing the lower boundary of the support corridor, with 24h volume of $6.89M indicating decent institutional participation, and a 24h change of -6.50% is driving the current market sentiment ⚪. Funding rates are fluctuating, which shouldn't be a significant concern at this point, as the overall market structure remains intact, and with a potential 3.5% move upwards, $ENA is poised to break out of the mid range zone 📈.

A critical market structure shift just triggered on explosive spot volume, with $ENA price bouncing off the $0.06990 low, it's a move that's cleaning out weak hands, and with a mid range of $0.07510, $ENA is likely to see a relief bounce, and a potential retest of the resistance zone at $0.07990, which could be a significant challenge for the bulls 📊👀.

DYOR

#ENA #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare