Despite the decline, Ena still stands strong. Supports and ascending channel are still working. If you have ena on hand, you can hodl it for a while longer.
if you have an open position before Ramadan holiday, it would be beneficial to close it. If you are making spot transactions, it is better not to make purchases until the holiday is over. As in previous years, there may be a decrease this holiday. This decline will disrupt the formation and charts.
The red area (0.91) that we shared yesterday seems to have completed its duty as support. It may test the 1.30 level again today. Please take your own risk when trading.
I wanted to analyze Ena because it is very popular. If it falls below the blue support, the red area will become the new support. When the area I showed in yellow is passed, the rise target will be the green area. Please take your own risk when trading.