$ENA

Technical Analysis - ENAUSDT (4H Chart)

📊 Summary of the Current Situation:

The asset is in an uptrend, but signs of a reversal are starting to appear. It seems to be forming a possible top in the short term.

📉 Technical Indicators:

RSI (Relative Strength Index):

Bearish divergence from the candlestick movement. While prices are making higher highs, the RSI is making lower highs. This is a classic sign of a weakening uptrend.

MACD:

The MACD line crosses below the signal line, indicating a possible change to a downtrend.

Stoch RSI:

Shows oversold in the short term, which could lead to a slight recovery before a possible stronger drop.

Volume Per Point of Control (VPVR):

Heavy volume concentration in the support region around $1,218 and $1,188.

📈 Important Levels:

Resistance: $1,238 (last high).

Key Supports:

$1,218

$1,188

$1,106

🔍 Possible Scenarios:

Bearish Reversal:

If indicators continue to show weakness and the $1,218 support is lost, the price may seek lower support.

Rise Continuation:

For the upward movement to continue, the price will need to break the $1,238 high with increasing volume and the RSI rising again.

⚠️ Attention: The market may present false reversals. It is important to observe the behavior of candles near the support and resistance levels before making decisions.