ENA just ripped +19.1% to 0.176.
But the RSI(14) is now printing 75. That's a textbook overbought signal on only $84M of 24h volume.
The desk sees this as a fade. The air gets thin up here and a retrace to the 0.15s feels inevitable to close the gap to the moving average.
Are you selling into this strength or is there another leg up?
$ENA
But the RSI(14) is now printing 75. That's a textbook overbought signal on only $84M of 24h volume.
The desk sees this as a fade. The air gets thin up here and a retrace to the 0.15s feels inevitable to close the gap to the moving average.
Are you selling into this strength or is there another leg up?
$ENA