$ENA Market Update
$ENA is trading at 0.1659, bouncing off the lower trendline of the descending channel from early October near 0.1550 after a wick low, with the upper trendline sitting near 0.1930.
If this lower trendline holds, price could move back toward 0.1810 to 0.1930, with a break above the upper line confirming a reversal. If it loses this level, the channel could break to the downside, opening the door toward 0.1515.
This is not financial advice. DYOR.
$ENA is trading at 0.1659, bouncing off the lower trendline of the descending channel from early October near 0.1550 after a wick low, with the upper trendline sitting near 0.1930.
If this lower trendline holds, price could move back toward 0.1810 to 0.1930, with a break above the upper line confirming a reversal. If it loses this level, the channel could break to the downside, opening the door toward 0.1515.
This is not financial advice. DYOR.
