ENA Is Finally Reclaiming Its Range
$ENA is trading around $0.24, and the structure is getting interesting.
Price has spent a long time building a base below the previous range, and now it's back above the $0.21 area.
From here, I’d be watching how ENA behaves around $0.25-$0.40. A clean reclaim and consolidation above this zone could open the door toward the mid-range around $0.80.
But this is still a developing setup, not a guaranteed breakout.
If ENA loses the reclaimed support and falls back into the previous range, the bullish structure weakens. I'd rather see confirmation than chase the move. $ENA
Not financial advice. DYOR and manage your own risk.
$ENA is trading around $0.24, and the structure is getting interesting.
Price has spent a long time building a base below the previous range, and now it's back above the $0.21 area.
From here, I’d be watching how ENA behaves around $0.25-$0.40. A clean reclaim and consolidation above this zone could open the door toward the mid-range around $0.80.
But this is still a developing setup, not a guaranteed breakout.
If ENA loses the reclaimed support and falls back into the previous range, the bullish structure weakens. I'd rather see confirmation than chase the move. $ENA
Not financial advice. DYOR and manage your own risk.
