When a new cryptocurrency like ENA is listed and experiences a sharp increase in value, such as the 164% surge it recently underwent, it often grabs the attention of investors. However, it's important to exercise caution amidst the excitement. Despite its current trading price of 0.8, it's essential to consider its recent trading history.

On platforms like Binance, ENA's lowest trading point within the last 24 hours has been 0.3. This indicates significant volatility, suggesting that the price could drop substantially in the near future. To manage this uncertainty, one strategy is to set a buy limit at 0.3, essentially placing an order to purchase the coin at its recent low point.

By setting a buy limit at this level, investors can potentially capitalize on any further price fluctuations. However, it's crucial to conduct thorough research into ENA and its underlying fundamentals before making any investment decisions. Additionally, it's important to remember that the current popularity of a coin doesn't guarantee its long-term viability. Therefore, approaching investments with careful consideration and diligence is paramount to making informed decisions in the cryptocurrency market.