$ENA ENA/USDT is bearish-to-neutral short term. As of Oct 23, ENA was around $0.198, down about 6% in 24 hours and about 8% over 30 days. It broke below the $0.20–0.205 support band, which now acts as resistance.
Bullish case: A reclaim of $0.21 would open a move toward $0.25–0.27. Standard Chartered's bullish coverage and the buyback "fee switch" are supportive.
Bearish case: Losing $0.18 (the Oct 18 low) could mean a deeper pullback.
Catalyst: A token unlock of about 40.6M ENA is scheduled for Nov 2, which could add selling pressure.
The price levels are my own read from reported figures, not a live chart. This is not financial advice, so confirm the price on Binance before trading.#BinancePick #EarningsSeason
Bullish case: A reclaim of $0.21 would open a move toward $0.25–0.27. Standard Chartered's bullish coverage and the buyback "fee switch" are supportive.
Bearish case: Losing $0.18 (the Oct 18 low) could mean a deeper pullback.
Catalyst: A token unlock of about 40.6M ENA is scheduled for Nov 2, which could add selling pressure.
The price levels are my own read from reported figures, not a live chart. This is not financial advice, so confirm the price on Binance before trading.#BinancePick #EarningsSeason