Recently, ENA's trend has been quite interesting. The trading volume on the 30-minute chart suddenly surged by 75%, and such abnormal volume movements usually don't happen without reason.
Currently, the price is at 0.1987 USDT, just a little below the key support level at 0.1992. The support zone fluctuates roughly between 0.1981 and 0.2009. This price range itself is worth paying attention to—after all, increased trading volume often indicates heightened market participation, and the upcoming trend is likely to show some movement.
From a trading perspective, many are placing buy orders around 0.1992, targeting the resistance level at 0.2033. The strategy is quite clear: look for buying opportunities near the support level and then aim for the resistance above.
The key is how it will develop afterward. Such a rapid increase in volume usually signals that something is about to start moving. Keep a close eye on ENA's subsequent performance; the clues should become apparent in the next couple of days.
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.
24 Likes
Reward
24
10
Repost
Share
Comment
0/400
AllInDaddy
· 14h ago
With such a surge in volume, I'm more concerned about whether it's a false breakout again. I’ve tried many times to break through the resistance level at 0.2033, but it hasn't succeeded. Will this time be different?
View OriginalReply0
Fren_Not_Food
· 23h ago
The surge in trading volume is so obvious, it feels like they're about to start harvesting again🤦
View OriginalReply0
HodlKumamon
· 12-27 10:49
75% of the volume, this really needs to be closely watched. The support is around 0.1992. The bear just calculated the historical data, and this type of volume expansion pattern has a 73.2% probability of triggering a directional breakout.
View OriginalReply0
WhaleWatcher
· 12-26 01:48
A 75% surge in volume? Things are looking promising now. Let's gamble on 0.2033 to see if it can break through.
View OriginalReply0
ContractTearjerker
· 12-26 01:47
The 75% surge does indicate something, but whether it can break through 0.2033 this time still depends on the market sentiment.
View OriginalReply0
DefiOldTrickster
· 12-26 01:37
75% of the volume... Bro, are you setting me up again this time? Last time you said that about ENA, I got trapped at 0.25, haha.
View OriginalReply0
SybilAttackVictim
· 12-26 01:36
The surge in volume is so exaggerated, it feels like someone is pushing up the price to test the waters before dumping.
View OriginalReply0
AirdropHunterWang
· 12-26 01:33
A surge in trading volume is often a signal that the main players are accumulating their positions.
View OriginalReply0
PaperHandSister
· 12-26 01:21
With such a fierce surge in volume, it feels like either big funds are accumulating or a rally is needed. The critical level at 0.1992 must be held, otherwise dropping back to 0.1981 would be quite awkward.
View OriginalReply0
rugpull_ptsd
· 12-26 01:20
Wow, 75% of the volume? Which whale is manipulating this again? I've already been rug pulled once, and you really dare to touch ENA?
Recently, ENA's trend has been quite interesting. The trading volume on the 30-minute chart suddenly surged by 75%, and such abnormal volume movements usually don't happen without reason.
Currently, the price is at 0.1987 USDT, just a little below the key support level at 0.1992. The support zone fluctuates roughly between 0.1981 and 0.2009. This price range itself is worth paying attention to—after all, increased trading volume often indicates heightened market participation, and the upcoming trend is likely to show some movement.
From a trading perspective, many are placing buy orders around 0.1992, targeting the resistance level at 0.2033. The strategy is quite clear: look for buying opportunities near the support level and then aim for the resistance above.
The key is how it will develop afterward. Such a rapid increase in volume usually signals that something is about to start moving. Keep a close eye on ENA's subsequent performance; the clues should become apparent in the next couple of days.