$ENA is trading in a rising wedge on the 1H chart 🔄 after a sharp drop 📉 and V-recovery from 0.1215 low. Price has stabilized 🌈 and is making higher lows, showing short-term buyer presence 🛡️ — but the structure itself demands caution ⚠️. A rising wedge after a strong drop usually signals indecision 🤔, not strength 💪. Bulls are trying to push higher 🚀, but every push is getting absorbed near the upper boundary of the wedge 🚧. This tells us momentum is improving 📈, but not decisive yet 🔮. If buyers manage a clean breakout and hold above the wedge ✅, we could see a continuation toward the 0.145 → 0.150 zone 🌟 as a relief move. However, if price loses the lower wedge support 💔, this structure flips bearish fast ⚡️, opening the door for a retest of 0.132 📉, and potentially 0.125 again 🔻. This is a classic wait-for-confirmation setup 🔮. Let price choose direction ⏳.

Support: 0.135 → 0.132 💔

Resistance: 0.145 → 0.150 🚀

ENA

--

--