ENA Setup : Potential Upside After BTC-Induced Pullback

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The setup for **ENA** is looking promising despite a recent pullback, largely influenced by Bitcoin's market movement. Here's a quick breakdown :

1. Sell stops have been taken above the equal highs, indicating a potential exhaustion of sellers.

2. A temporary **pullback** occurred due to Bitcoin's market action, which led to short-term downward pressure.

3. After this corrective move, we expect ENA to resume its **upward trend**, moving higher once market sentiment stabilizes.

Given the broader market's influence, this is likely a short-lived retracement, and the bullish momentum for ENA could continue in the near term.

Conclusion :

The ENA setup still holds strong despite a minor pullback. Once Bitcoin stabilizes, the bullish momentum should resume, making it a good time to monitor the market closely.

Advice :

Watch for signs of market stabilization before entering positions. Place **stop-losses** to manage risk, especially as Bitcoin’s movements could continue influencing price action. Traders should look for confirmation of a bullish reversal before going long.