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It hasn't lost its horizontal support, which is the most important thing.
ENA | Correction in Progress
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$ENA
I think ENA will go up next year but is due for a correction at the start of the year. The price recently broke below its diagonal support line and is now testing this same line as resistance - a classic bearish signal. Based on typical crypto patterns, we're likely to see a pullback to the second support zone (marked by the orange box) before any significant upward movement begins.
#ENAUSDT馃毃 #Write2Earn! #MarketSentimentToday
I think ENA will go up next year but is due for a correction at the start of the year. The price recently broke below its diagonal support line and is now testing this same line as resistance - a classic bearish signal. Based on typical crypto patterns, we're likely to see a pullback to the second support zone (marked by the orange box) before any significant upward movement begins.
#ENAUSDT馃毃 #Write2Earn! #MarketSentimentToday