๐ $ENA Approaching a Major Decision Zone
$ENA is now testing a key resistance cluster where the 4H MA99 meets the Daily MA25. This area has acted as resistance before, so a short-term rejection wouldn't be surprising.
๐ Possible Pullback Zone: 0.0806 โ 0.0815
A healthy pullback into this region could help reset RSI and build stronger momentum for the next move.
๐ข Bullish Scenario
The Daily chart is showing signs of a recovery structure after forming a bottom near 0.0697. Higher lows are developing, MACD momentum is improving, and buyers are gradually reclaiming important moving averages.
๐ฏ First Major Target Zone: 0.090 โ 0.095
This is the key area bulls need to break and hold. If price can consolidate above this resistance and build volume, it would confirm a stronger trend reversal.
In that case, the next expansion targets could be: 0.11 โ 0.14
For now, expect volatility around current levels. A rejection here would be normal, but as long as higher lows continue forming, the recovery structure remains intact. ๐
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