$ENA
Long-term demand zone and clear accumulation behavior
ENA is currently trading directly above a major demand zone on the higher timeframe, following the completion of a distribution cycle followed by a correction cycle. Clear signs of seller exhaustion are evident, with a noticeable contraction in volatility — which is the typical behavior of re-establishing positions by smart money, not panic zones.
What we see here is quiet accumulation, not price weakness.
Potential targets in case of confirming the rebound:
TP1: 0.32 – 0.35
TP2: 0.40 – 0.47
TP3: 0.55 – 0.62
Invalidation zone / risk management:
A clean break below 0.23 could delay the scenario and open the way for lower liquidity levels.
Market logic:
The price maintains significant historical support
Bearish momentum is in continuous slowdown
The risk-to-reward ratio favors patience over chasing
This is how real bottoms are formed: quietly, without noise, and without public interest.
If ENA maintains this level, the upcoming bullish expansion could be surprising for the majority of the market.