$ENA just saw a long liquidation of $15.272K at $0.1008, and honestly, this correction feels healthy. The market needed a reset after the rapid push up — it’s clearing weak hands and letting the real buyers accumulate. I’m watching this closely because these dips often set the stage for the next leg higher.
Trade Setup:
Entry Zone: $0.0975–$0.1010 — I’m watching for confirmation that this area holds.
Target 1: $0.1080 — the first realistic bounce from this zone.
Target 2: $0.1150 — where I expect momentum to pick up if buyers step in.
Stop Loss: $0.0940 — just below the last strong reaction area to protect against a deeper drop.
This zone is strong because we’ve seen previous support here, a 61.8% retracement from the last swing, and multiple reaction touches that held price before. They’re building strength here, and if this level holds, $ENA could retest highs quickly.
It’s one of those setups where patience pays — waiting for the entry confirmation could be key.
