$XAI $ENA
Today, various news sources said the reason for the plunge. In my opinion, the dealer used the news to harvest a wave of long contracts. It may be a bit confusing to operate in the short term. Let me talk about my technical analysis
ENA fell back to the 1-1.15 position where I had added positions on the right side. I posted last night that I could buy positions on the left side, and I had to wait for the right side transaction
I said that since the contract operation has fallen, it should follow the trend. As long as it does not break the resistance level of 1.4, any rebound will be short!
XAI also fell back to the lower support this time. The left position is 0.72-0.68, which is the support level. If it falls below, it will be very miserable. However, as a pledged game chain, it should still make a difference. It is still a good position to open a position at this position!
Introduction to XAI
XAI is the first third-layer blockchain in the Arbitrum ecosystem jointly developed with Offchain Labs, aiming to guide traditional gamers to web3 games. XAI was developed to achieve real economy and open trade in the next generation of video games. With XAI, potentially billions of traditional gamers can, for the first time, own and trade valuable in-game items in their favorite games without having to use a crypto wallet.
