ENA's recent trend has attracted quite a bit of attention. This participant in the DeFi ecosystem has rebounded from a low of 0.1313 to the current 0.2339, successfully stabilizing above a key support level. This change in trend is worth analyzing.
From a technical perspective, this rebound is not just a simple oversold reaction but more like the start of a new cycle. ENA's technical foundation and practical applications in the DeFi sector are gradually advancing, and each deeper correction often provides market participants with opportunities to reallocate their positions.
Looking at the current pattern, if the bulls continue to push forward, the next key level to watch is the 0.3 mark. If this level can be broken smoothly, then the previous high of 0.35 will also become a target for subsequent attention.
For those already holding positions, the current price range might be a relatively reasonable area for deployment. Of course, any investment decision should be made considering one's own risk tolerance.
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SigmaValidator
· 01-05 16:47
Everyone who entered at 0.23 is laughing; I just want to know if it can really break 0.3
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CommunityJanitor
· 01-05 15:01
The rebound strength is indeed good, finally showing some movement.
ENA is doing this again? Can it break 0.3? Honestly, it's a bit uncertain.
I think it still depends on the overall DeFi market trend; a single project's rebound doesn't mean much.
Brothers who bought the dip at the low point must have made a lot of money, which is why you need to dare to operate against the trend.
0.35 feels a bit far; I'm not even sure if it can reach 0.3.
Is this really the start of a cycle or just another attempt to cut leeks? We need to observe further.
For those holding positions, just pretend you didn't see this article; mindset is the most important.
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governance_lurker
· 01-05 09:37
0.35 is not a high point, the real test is still to come.
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NotSatoshi
· 01-03 06:44
0.23 rebounded quite strongly, but I still want to see if 0.3 can really hold before making any conclusions.
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YieldHunter
· 01-02 18:56
actually if you look at the tvl data, ena's liquidity farming metrics are still pretty sus... like yeah 2x from the low but wheres the sustainable yield story here? 🤔
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hodl_therapist
· 01-02 18:52
Whether the 0.3 level can be broken is the real test; don't just keep shouting slogans.
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Rekt_Recovery
· 01-02 18:47
ngl the 0.23 support hold is giving me some copium rn... been there before with leverage ptsd so i'm def not fomoing into this. watching 0.3 like a hawk tho
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LiquidityHunter
· 01-02 18:39
Is the 0.3 level really unbreakable? It feels a bit uncertain.
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CryptoSurvivor
· 01-02 18:30
0.23 has been down for so long, finally showing some response. Hope it's not just a fleeting moment.
ENA's recent trend has attracted quite a bit of attention. This participant in the DeFi ecosystem has rebounded from a low of 0.1313 to the current 0.2339, successfully stabilizing above a key support level. This change in trend is worth analyzing.
From a technical perspective, this rebound is not just a simple oversold reaction but more like the start of a new cycle. ENA's technical foundation and practical applications in the DeFi sector are gradually advancing, and each deeper correction often provides market participants with opportunities to reallocate their positions.
Looking at the current pattern, if the bulls continue to push forward, the next key level to watch is the 0.3 mark. If this level can be broken smoothly, then the previous high of 0.35 will also become a target for subsequent attention.
For those already holding positions, the current price range might be a relatively reasonable area for deployment. Of course, any investment decision should be made considering one's own risk tolerance.