$ENA Takes a Hit! Will the Bulls Step In at Support?🚨

— Down 14%, But the Chart Hints at a Potential Reversal

ENA

0.1164

+0.34%

$ENA has taken a sharp 14% dip in the last 24 hours, dropping to ₹50.22 (~$0.5738). After hitting a low of $0.5591, it’s showing signs of stabilizing — but is this the calm before a bounce?

📊 Chart Signals:

🔻 Recent High: $0.6835 — now trading ~16% below it

🔁 Support Zone: $0.5580–$0.5600 holding for now

🔼 Short-term Resistance: $0.6040–$0.6100

🔍 Volume Surge: 650M ENA traded in 24h — volatility is hot

📈 Momentum Snapshot:

📉 Today: -6.56%

✅ 7D: +18.55%

✅ 30D: +125.20%

✅ 90D: +83.56%

🚨 180D: -20.70%

💹 Trading Signal:

Buy Zone: $0.5600–$0.5750 (bottom-fish opportunity)

Target: $0.6100–$0.6750

Stop Loss: Below $0.5520

🤔 High volume + sharp dip = potential bounce play? Keep it on your watchlist, especially if bulls reclaim $0.5900.

📉 Disclaimer: Not financial advice. Always DYOR. Crypto markets are volatile and carry risk.

#ENA #DeFi #CryptoTrading #TradersLeague #VolatilityPlays