$ENA is down 12.31% today, currently at 0.1838, just 0.7% above the 24-hour low of 0.1825. A lot of people are thinking about buying the dip right now, because it’s already 14% cheaper than the 0.2145 high, and they feel like they’re getting a bargain. But trading volume over the past hour was only 0.2 times the hourly average—nobody’s buying, and nobody’s in a hurry to sell. Everyone’s waiting. If you buy the dip in these conditions, what you’re buying isn’t a discount—it’s a price set arbitrarily in a liquidity vacuum. I’m watching the 0.1825 low. If it breaks on high volume, the next level to watch is a round number. By then, you might not be able to get out even if you want to.

#ENA #BinanceSquare #Crypto