$ENA — Can Buyers Recover After the Sell-Off?
ENA surged from $0.1846 to $0.2030, but strong selling pushed the price back toward $0.1898.
Resistance: $0.1906–$0.1923
Support: $0.1884–$0.1870
A recovery above resistance with volume confirmation could open a move toward $0.1950. If support fails, $0.1846 may come back into focus.
The key is confirmation, not guessing the bottom. I’m watching price action before considering an entry.
#enaking #Ethena #CryptoAnalysis #PriceAction #BinanceSquare
ENA surged from $0.1846 to $0.2030, but strong selling pushed the price back toward $0.1898.
Resistance: $0.1906–$0.1923
Support: $0.1884–$0.1870
A recovery above resistance with volume confirmation could open a move toward $0.1950. If support fails, $0.1846 may come back into focus.
The key is confirmation, not guessing the bottom. I’m watching price action before considering an entry.
#enaking #Ethena #CryptoAnalysis #PriceAction #BinanceSquare