well, there was a jerk)
Post
jusuke
·
--
$ENA Analysis of the situation regarding ENA/USDT:
1. The price broke through 0.3690 and reached 0.3738, but then pulled back to 0.3686.
2. EMA (7) is above EMA (25) and EMA (99) — the bullish trend remains.
3. RSI 50.6 — in the neutral zone, no overheating.
4. MACD is close to zero — weak momentum, but no signs of a strong reversal.
What is the whale doing?
Checked liquidity above 0.3730 — the market maker collected the stop losses of short sellers.
Created a correction to 0.3680–0.3660 — possibly trying to accumulate even more positions before a new breakout.
Volumes during the correction are small, indicating profit-taking by some players, rather than a full exit by large players.
Forecast:
1. If 0.3680–0.3660 holds — a rebound to 0.3730–0.3760.
2. If we establish above 0.3700 — further growth is possible.
3. If 0.3660 does not hold, a deeper retest of 0.3630 is possible.
So far, the whale is behaving predictably, but strong growth requires volume.
1. The price broke through 0.3690 and reached 0.3738, but then pulled back to 0.3686.
2. EMA (7) is above EMA (25) and EMA (99) — the bullish trend remains.
3. RSI 50.6 — in the neutral zone, no overheating.
4. MACD is close to zero — weak momentum, but no signs of a strong reversal.
What is the whale doing?
Checked liquidity above 0.3730 — the market maker collected the stop losses of short sellers.
Created a correction to 0.3680–0.3660 — possibly trying to accumulate even more positions before a new breakout.
Volumes during the correction are small, indicating profit-taking by some players, rather than a full exit by large players.
Forecast:
1. If 0.3680–0.3660 holds — a rebound to 0.3730–0.3760.
2. If we establish above 0.3700 — further growth is possible.
3. If 0.3660 does not hold, a deeper retest of 0.3630 is possible.
So far, the whale is behaving predictably, but strong growth requires volume.