$ENA is printing. The token is up 29.2% in 24 hours, hitting 0.120 and punching through its 7-day high.
Volume is $39M, but with RSI(14) at 91, this looks like a short squeeze more than fresh bids. Price is well above both the EMA20 (0.107) and EMA50 (0.0983). The last time $ENA hit this level, it wicked hard.
The desk's read: 0.120 is the level to watch. A clean break and hold above it, and this could run. Otherwise, expect a fade back to 0.107. Are you buying the breakout or waiting for the retrace?
$ENA
Volume is $39M, but with RSI(14) at 91, this looks like a short squeeze more than fresh bids. Price is well above both the EMA20 (0.107) and EMA50 (0.0983). The last time $ENA hit this level, it wicked hard.
The desk's read: 0.120 is the level to watch. A clean break and hold above it, and this could run. Otherwise, expect a fade back to 0.107. Are you buying the breakout or waiting for the retrace?
$ENA