Short

ENA | Correction in Progress

Updated

I think ENA will go up next year but is due for a correction at the start of the year. The price recently broke below its diagonal support line and is now testing this same line as resistance - a classic bearish signal. Based on typical crypto patterns, we're likely to see a pullback to the second support zone (marked by the orange box) before any significant upward movement begins.

Trade closed: stop reached

taika808

Elevate your trading journey with TokenPro – your compass to navigate the crypto market.
tokenpro.ai/tv

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.