Please allow me to boldly use Fibo to test the new currency $ENA .
There is a small support near the current price of 0.7-0.72
Let’s talk about the background first:
It is difficult to use technical analysis to make buying and selling basis for new currency, because the trend at this time is mixed with too many abnormal long and short games.
As for why it is said to be a small support?
Because there are not many K-lines, it is difficult to form a support effect.
After all, in the short term, we retail investors who are driven by FOMO emotions will rush to it at high prices. This short-term FOMO influence on everyone , callbacks are also easy to cut.