$ENA breached 0.2 resistance. Next there are two scenarios:
① A rebound of 0.2 can’t be regained → the resistance turns into pressure; below, first look at the 24h low at 0.1957
② Quickly reclaiming 0.2 → this move looks more like a fake breakdown; shorts get squeezed and reversed
I personally care more about how the first rebound performs.
#ENA
This content is for reference only and does not constitute investment advice. DYOR.
① A rebound of 0.2 can’t be regained → the resistance turns into pressure; below, first look at the 24h low at 0.1957
② Quickly reclaiming 0.2 → this move looks more like a fake breakdown; shorts get squeezed and reversed
I personally care more about how the first rebound performs.
#ENA
This content is for reference only and does not constitute investment advice. DYOR.