$ENA is one of the few alts trading above both EMAs, even after a whale dumped 14M tokens 💪
Structure (4H):
• Higher lows: 0.1839 → 0.1974
• Price 0.2094, above EMA 20 (0.2047) and EMA 50 (0.2023)
• Lid: 0.213 to 0.2165, rejected 3 times since Oct 25
• Up 8.7% on the week while most majors are red
RSI 56. Bullish, not overheated.
The news: Arthur Hayes reportedly sold around 14M of them. Price barely flinched and the higher low held. That is strength.
Plan for $ENA :
🟢 4H close above 0.2165 → 0.226 next (Oct 21 high)
🔴 Lose 0.198 (EMA 50 + trendline) → 0.192, then 0.184
Relative strength usually leads. Is $ENA on your watchlist? 👇
NFA
#ENA #Altcoins #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
Structure (4H):
• Higher lows: 0.1839 → 0.1974
• Price 0.2094, above EMA 20 (0.2047) and EMA 50 (0.2023)
• Lid: 0.213 to 0.2165, rejected 3 times since Oct 25
• Up 8.7% on the week while most majors are red
RSI 56. Bullish, not overheated.
The news: Arthur Hayes reportedly sold around 14M of them. Price barely flinched and the higher low held. That is strength.
Plan for $ENA :
🟢 4H close above 0.2165 → 0.226 next (Oct 21 high)
🔴 Lose 0.198 (EMA 50 + trendline) → 0.192, then 0.184
Relative strength usually leads. Is $ENA on your watchlist? 👇
NFA
#ENA #Altcoins #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
