Is $ENA finally ready to stop playing games?
It’s been a rough ride down to that 0.1997 level, but look at the reaction there. We’ve got a solid double bottom forming, and the bulls are finally showing some backbone.
We just saw a decent spike back above 0.2090, but we’re hitting some local resistance. If we can flip this zone into support, the path toward 0.2185 looks pretty clear. The volume is starting to pick up on the green candles, which is exactly what I wanted to see.
If we lose 0.2030 on the pullback, the dream is probably dead for now. I’m keeping a close eye on the next hourly close.
ENA
0.2042
-0.24%