📊
$ENA Higher Timeframe Update | Spot Market Insight 🚀
I’ve taken a deep look at ENA on the higher timeframe, and the chart is telling a familiar story 👀
History doesn’t repeat exactly… but it rhymes 🎵
🔁 What the chart shows:
Every major cycle follows the same steps:
➡️ Strong impulsive pump
➡️ Deep correction
➡️ Long accumulation near the bottom
➡️ Powerful expansion
📍 Current Market Update:
Current Price: ~0.22 USDT
$ENA is sitting at a major historical demand zone 🧲
This is the same area that previously triggered 250%–400%+ rallies
Selling pressure looks exhausted, volatility is low, and price is stabilizing 💪
🟢 Best Spot Trading Plan (Accumulation Style):
Best Entry Zone: 0.20 – 0.23
Invalidation / Safety SL: Below 0.18
Exit / Targets:
TP1: 0.40 🎯
TP2: 0.60 🎯
TP3: 0.80+ 🚀
⚠️ Important Note:
This is a high-risk, high-reward accumulation phase, not a FOMO breakout trade.
Think of it like buying winter clothes in summer ☀️🧥 — boring now, rewarding later.
🧠 Final Thought:
If this cycle behaves like previous ones, the next phase favors patient spot holders, not emotional chasers. Manage risk, scale in slowly, and let time do the heavy lifting ⏳
💬 What’s your view on
$ENA — accumulation or wait? Let’s discuss 👇
#ENA #SpotTrading. #Market_Update #MarketRebound #BinanceSquareFamily