$ENA slipped 1.9% over the last 24 hours to $0.1976, but the detail that stands out is the $32.2M in volume. Heavy trading on a modest dip suggests positioning is changing hands rather than panic selling. Sellers aren't flooding the book, and buyers aren't rushing in either.
Traders are watching whether $ENA holds its recent support zone on the daily chart, and whether volume fades or expands on any bounce. A reclaim of nearby resistance on rising volume would shift the tone. A failed hold could invite a deeper test.
#Crypto #BinanceSquare #Altcoins
Not financial advice.
Traders are watching whether $ENA holds its recent support zone on the daily chart, and whether volume fades or expands on any bounce. A reclaim of nearby resistance on rising volume would shift the tone. A failed hold could invite a deeper test.
#Crypto #BinanceSquare #Altcoins
Not financial advice.