$ENA supply Pressure vs. Recovery Potential đ
Iâm watching ENA closely because its next move depends on whether buyers can absorb selling pressure and turn improving tokenomics into real demand.
đč Price zone: Around $0.19
đč Bullish trigger: Reclaim resistance with strong volume and hold the breakout.
đč Bearish trigger: Lose support as selling pressure increases.
My view: Ethenaâs buyback discussions are worth watching, but proposed mechanisms arenât guaranteed demand. I want price confirmation before taking a position.
Trade the setup, not the hype.
Iâm watching ENA closely because its next move depends on whether buyers can absorb selling pressure and turn improving tokenomics into real demand.
đč Price zone: Around $0.19
đč Bullish trigger: Reclaim resistance with strong volume and hold the breakout.
đč Bearish trigger: Lose support as selling pressure increases.
My view: Ethenaâs buyback discussions are worth watching, but proposed mechanisms arenât guaranteed demand. I want price confirmation before taking a position.
Trade the setup, not the hype.