$ENA KEEPS PRINTING NEW LOWS WHILE ALTS SHOW RELATIVE STRENGTH 📉
This divergence between ENA and the broader alt market is a structural red flag. Monthly token unlocks are stacking sell pressure on a coin that already struggles to hold support. While other alts hold bids against BTC, ENA continues to trade in a liquidity void below recent lows.
The trend remains defined by lower highs and lower lows with no clear accumulation zone yet. Until a shift in supply/demand equilibrium appears, buying dips here is catching a falling knife. What level would change your mind on this one?
Not financial advice. Always manage your risk.
#ENA #Altcoin #SupplyPressure #LiquiditySweep
🎯
This divergence between ENA and the broader alt market is a structural red flag. Monthly token unlocks are stacking sell pressure on a coin that already struggles to hold support. While other alts hold bids against BTC, ENA continues to trade in a liquidity void below recent lows.
The trend remains defined by lower highs and lower lows with no clear accumulation zone yet. Until a shift in supply/demand equilibrium appears, buying dips here is catching a falling knife. What level would change your mind on this one?
Not financial advice. Always manage your risk.
#ENA #Altcoin #SupplyPressure #LiquiditySweep
🎯