ENA is trading right at a major long-term demand zone, a level that has previously acted as strong support. Price has been in a clear downtrend, printing lower highs and lower lows after repeated rejections from higher supply zones.
Can we see a trend reverser in $ENA from here? or ENA is already dead?
Yesterday I made mention of this in my video that Ethereum remains firmly in a bearish market structure. Price continues to trade below the descending trendline, highlighting sustained seller control.
The key $2,500 support has been decisively lost, flipping the level into strong resistance. $ETH is currently ranging around the $2,250–$2,300 demand zone, where bounce attempts have been weak and short-lived, signaling limited buying pressure.
Fetch.AI has been in a macro downtrend for months, respecting this descending trendline perfectly. Now price is compressed at long-term horizontal support while still under bearish structure.
What this means:
BULLISH CASE: The bulls need a clean trendline break + higher high.
Hold + reclaim structure = potential trend reversal setup
BEAR CASE: This support zone is critical, loyse it and downside continuation is likely
Patience matters here. Let price confirm before bias.
$CRV is trading at a major historical support zone after a prolonged downtrend. Price has previously reacted strongly from this area, making it a key level to watch.
Weekly demand holding at $0.28 and downside looks limited unless support breaks, A confirmed bounce from this zone could open room for a mean reversion move toward higher resistance levels.
Heavy resistance near $1.10–$1.20
⚠️ Lose this support, and the next liquidity sits much lower.