If you're still chasing every overnight pump without checking support levels, stop now. Traders keep losing money jumping in after a 28% move only to get dumped on because they missed the real structure.
$ENA is sitting at 0.28 after a 28% pump in 24 hours with 57 million $USDC changing hands. The chart is respecting the EMA 50 and forming higher highs, which looks like a solid long opportunity compared to the usual traps.
$2Z is making the whole market feel impossible right now with those sharp reversals. Plenty of people will say this $ENA move is just another dump in disguise. I think the volume and the way it is holding structure argue for giving the longs a chance here.
Where do you think this $ENA setup goes from here?
#ENA #Altcoins #CryptoTrading