ENA/USDT – 1H Analysis (July 7, 2025)
Structure:
Price formed a rising wedge, already broke down.
Currently retesting 0.2630–0.2640 zone.
Scenarios:
Bearish: If rejected, target is 0.2540–0.2555.
Bullish: If price reclaims 0.2650, may go to 0.2700.
Indicator:
Stochastic is falling, confirming bearish pressure.
Structure:
Price formed a rising wedge, already broke down.
Currently retesting 0.2630–0.2640 zone.
Scenarios:
Bearish: If rejected, target is 0.2540–0.2555.
Bullish: If price reclaims 0.2650, may go to 0.2700.
Indicator:
Stochastic is falling, confirming bearish pressure.
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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.
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.