Technical analysis of the currency $ENA | Daily frame

🔹 Current price: 0.0908$ 📉 (-2.37% over 24 hours)

– It is moving within a clear downtrend with the continued formation of lower highs and lows, confirming the sellers' control over the overall trend.

– A clear break of previous support areas with accelerating negative momentum, reflecting the weakness of any real rebound attempts so far.

– The area 0.0953$ – 0.0912$ represents major support/demand.

– It is moving below the 50 level at 38.32, reflecting the weakness of the current momentum.

🔼 Positive scenario (upward):

In case of stability and breaking above 0.1220$

🎯 0.1220$ – 0.1299$ – 0.1455$

🔽 Negative scenario (downward):

In case of breaking 0.0953$ with a daily close

❌ 0.0953$ – 0.0912$ – 0.0803$

📌 Note: Any rise towards resistance areas is considered a correction within the downtrend unless it is broken and stabilized above.

⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.