$ENA |The 4-hour MACD has formed a death cross below the zero line. Current price: 0.2114.
The 4-hour MACD reacts quickly, making it more suitable for catching short-term moves. The trade-off is more noise, and when it goes against the daily trend, the larger timeframe often overwhelms it.
What’s worth noting is that the daily chart is weakening too, so the short- and long-term timeframes are moving down together. Treat a crossover on just one timeframe as a reminder, nothing more.

#ENA

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