🚨 $ENA — WILL BUYERS DEFEND THE $0.125 DEMAND ZONE? 👀
$ENA is currently trading around $0.1706 after a significant pullback from the $0.2800+ region. Bears still have control while the price remains below the 25-day MA near $0.1981.
🟢 Key Demand Zone: $0.1250–$0.1400
🟢 Major Macro Support: $0.0740–$0.0820
🔴 Resistance Zone: $0.1981–$0.2200
🎯 Bullish Targets: $0.2600–$0.2850
📊 My Market Outlook:
I'm closely watching the $0.1250–$0.1400 demand zone. This is where I want to see strong buying pressure and a potential higher low.
If buyers defend this zone and ENA reclaims $0.1981 on the daily timeframe, we could see a recovery toward $0.2200, followed by $0.2600–$0.2850.
⚠️ However, a confirmed daily close below $0.1250 could invalidate the bullish setup and expose the next major support around $0.0820.
🔥 The big question: Will ENA bounce strongly or break down further?
What are you doing — BUY, SELL, or WAIT?
NFA.Always manage your risk! 📉📈
$ENA is currently trading around $0.1706 after a significant pullback from the $0.2800+ region. Bears still have control while the price remains below the 25-day MA near $0.1981.
🟢 Key Demand Zone: $0.1250–$0.1400
🟢 Major Macro Support: $0.0740–$0.0820
🔴 Resistance Zone: $0.1981–$0.2200
🎯 Bullish Targets: $0.2600–$0.2850
📊 My Market Outlook:
I'm closely watching the $0.1250–$0.1400 demand zone. This is where I want to see strong buying pressure and a potential higher low.
If buyers defend this zone and ENA reclaims $0.1981 on the daily timeframe, we could see a recovery toward $0.2200, followed by $0.2600–$0.2850.
⚠️ However, a confirmed daily close below $0.1250 could invalidate the bullish setup and expose the next major support around $0.0820.
🔥 The big question: Will ENA bounce strongly or break down further?
What are you doing — BUY, SELL, or WAIT?
NFA.Always manage your risk! 📉📈
