Pause and focus for a moment.
$ENA has dropped all the way back to a strong long-term support area after completing a full hype → selling → decline cycle. This is typically the zone where selling pressure runs out.
Right now, sellers look tired. Price movement is tight, volatility is low, and there’s no panic selling. This behavior usually suggests big players are quietly accumulating, not dumping.
This is not weakness — it’s potential base building.
What happens if price bounces from here:
• First upside area: 0.32 – 0.35
• Second target: 0.40 – 0.47
• Larger move potential: 0.55 – 0.62
Risk to watch:
• A clear break below 0.23 would invalidate this idea short-term and could lead to deeper downside before any recovery.
Why this setup makes sense:
• Price is holding a historically important support
• The downtrend is losing strength
• Risk vs reward is attractive if you stay patient instead of chasing pumps
This is how real bottoms usually form — slow, quiet, and ignored.
If ENA continues to hold this base, the upside move could catch most traders off guard.
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