ENA has fallen this time without much resistance; the bulls have barely fought back.
It’s now at 0.1424, down 5.95% on the day, with a trading volume of 19 million USDT. It traded between 0.1419 and 0.1570 all day. Closing near the day’s low, the chart looks weak.
The current price is 6.2% below the 7-day moving average of 0.1518, and 21.1% below the 25-day moving average of 0.1805. The 0.1570 level above is acting as resistance, so any rebound will have to clear that first.
While it’s below the 7-day moving average, I’m just watching and not taking action. Honestly, I don’t dare take a large position at this level.
(Just keeping a record; this is not investment advice.)
#ENA #盘面观察 #合约交易 #TradingJournal
It’s now at 0.1424, down 5.95% on the day, with a trading volume of 19 million USDT. It traded between 0.1419 and 0.1570 all day. Closing near the day’s low, the chart looks weak.
The current price is 6.2% below the 7-day moving average of 0.1518, and 21.1% below the 25-day moving average of 0.1805. The 0.1570 level above is acting as resistance, so any rebound will have to clear that first.
While it’s below the 7-day moving average, I’m just watching and not taking action. Honestly, I don’t dare take a large position at this level.
(Just keeping a record; this is not investment advice.)
#ENA #盘面观察 #合约交易 #TradingJournal