Can ENA be chased? Judging from the trend structure of ENA, it is currently in a new high and oscillating upward trend, which is indeed attractive.
Regarding the question of whether to chase or not, the answer is that you can chase. But how to chase? I remember that the last time I chased high and bought, the support structure was 1.06. As long as the price does not fall below 0.9, it is worth holding on. Now, the structural support has risen to 1.19. As long as the price does not fall below 1.1, there is still room to play.
However, for ENA, I personally do not recommend being too aggressive. At present, there is no particularly ideal entry position. If you really want to buy, it is recommended to operate with a small position, after all, we are betting on a larger pattern space. From the perspective of ecology and team, ENA has performed quite well, and the team is also quite strong.
So, in general, ENA can be chased, but be cautious and control the risk.
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