Guys, $ENA is under short-term pressure on the 15-minute chart. Price is around $0.1643, down 6.33% in 24h, after rejection from the $0.1778 area. The structure remains cautious because price is below MA(25) at $0.1653 and MA(99) at $0.1675, while MA(7) at $0.1649 is also slightly above current price.
RSI(6) is near 39.8, showing weak momentum but also suggesting ENA is approaching an oversold zone. The key support is $0.1623; a break below it with strong volume could expose $0.1600. On the upside, reclaiming $0.1653 could open a move toward $0.1675, followed by $0.1718.
My view: bearish-to-neutral short term. I’d avoid chasing and wait for either a confirmed support bounce or a clean reclaim of $0.1675. Recent $ENA rallies have also faced profit-taking, so volatility remains high.
Trade the setup, not the emotion. DYOR.
#YenBreaks155NearingYearHigh
#TernusSucceedsCookAsAppleCEO
RSI(6) is near 39.8, showing weak momentum but also suggesting ENA is approaching an oversold zone. The key support is $0.1623; a break below it with strong volume could expose $0.1600. On the upside, reclaiming $0.1653 could open a move toward $0.1675, followed by $0.1718.
My view: bearish-to-neutral short term. I’d avoid chasing and wait for either a confirmed support bounce or a clean reclaim of $0.1675. Recent $ENA rallies have also faced profit-taking, so volatility remains high.
Trade the setup, not the emotion. DYOR.
#YenBreaks155NearingYearHigh
#TernusSucceedsCookAsAppleCEO
