STOP EVERYTHING AND LOOK HERE...
ENAUSDT
Perp
0.2321
-5.65%
is clearly sitting on a major long-term demand zone after full distribution → cycle of decline....
Sellers appear exhausted, volatility has contracted, and this is typically where smart money reloads, not panics.
This is accumulation behavior, not weakness.
Future targets to watch (if the bounce is confirmed):
TP1: 0.32 – 0.35
TP2: 0.40 – 0.47
TP3: 0.55 – 0.62
Cancellation / risk zone:
A clean break below 0.23 halts movement and opens up lower liquidity
Market logic:
Price holds historical support
Downward momentum is slowing
Risk-reward ratio prefers patience over chasing
This is how bottoms are formed: quietly, boringly, and ignored.
If ENA holds this base, an upward expansion will surprise most people.