Technical model: Chart forming a double bottom in the range of 0.20-0.25 USD, bullish reversal signal. The price is currently retesting the neckline ~0.28-0.29 USD, short-term MA is bullish, RSI ~43 still has room for increase.
On-chain data & market: 🔸Current price ~0.29 USD, market cap 2.18B USD, high volume (~338M USD/24h). 🔸Unlock 50.4M ENA on 2/12 creates short-term selling pressure, but whale accumulation is still active. 🔸Short-term sentiment is neutral-bearish, long-term bullish if the crypto market remains positive.
Trend forecast: 🔸Short-term (1-2 weeks): 0.35-0.40 USD (increase 20-35%), risk of testing 0.25 USD if selling pressure. 🔸Medium-term (December 2025): 0.45-0.50 USD if breakout, risk of decreasing to 0.21 USD. 🔸Long-term (2026+): 2.00-3.00 USD if stablecoin adoption and DeFi are strong.
Monitor volume, next unlock news, and BTC volatility.
#TradingSignals #trading #bulish #ENAUSDT🚨
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