2025-12-05 11:24:11

ENA is currently following a stepwise rebound pattern. The current price is oscillating around 0.2816, stuck between the short-term, 25-hour, and 99-hour moving averages—it has climbed above the 99-hour moving average ( around 0.2688 ), but hasn't fully broken through the 25-hour moving average ( 0.2847 ) yet. So overall, it's leaning bullish, but still in a tug-of-war.

Looking upward, if it can decisively break through the 0.290 to 0.295 range ( (previously spiked up to 0.3028 )), then the upside potential opens up, with targets at 0.32 or even 0.34.

On the support side, short-term support is at the 0.269-0.270 level, which happens to be the 99-hour moving average position. Stronger support is around the previous low at 0.2316.

As for trading volume, there was a clear accumulation of buy orders during the previous rally, but now it's shrinking a bit. To continue the bullish trend, new buying needs to come in, and the price must firmly hold above the 25-hour moving average.

ENA-7.27%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

SolidityJester

· 17h ago

Stuck in a tug-of-war between moving averages, that's how it is... We need to see when new buying interest will come in.

View OriginalReply0

WhaleStalker

· 17h ago

Stuck at 0.28 is really frustrating. The volume has shrunk yet it’s still in a tug-of-war? This is just waiting for the main force to make a decision. Whether 0.29 breaks or not, it doesn’t really matter.

View OriginalReply0

GasBankrupter

· 17h ago

If ENA can break 0.295 this time, there’s hope; otherwise, it’ll just keep seesawing. So annoying.

View OriginalReply0

PerennialLeek