$ENA at $0.1640 and shorts are paying -0.003%... is this a squeeze setup or just a fakeout before $0.17 gets slapped? 👀
Small pullback.
RSI on the 4h is 58, volume is 2.9x the 20d avg, and price is still above the 20d and 50d MAs. That’s not weak tape. If $BTC holds, I think ENA keeps trying. If $0.17 rejects hard, I’d back off fast. 🔥
What am I missing?
#ENA
#Web3
#Trading
Small pullback.
RSI on the 4h is 58, volume is 2.9x the 20d avg, and price is still above the 20d and 50d MAs. That’s not weak tape. If $BTC holds, I think ENA keeps trying. If $0.17 rejects hard, I’d back off fast. 🔥
What am I missing?
#ENA
#Web3
#Trading