ENA's recent performance is quite interesting. The 30-minute trading volume suddenly surged, with a rise of 216%, and such abnormal volume movements are often not without reason.
The current price is at 0.2367 USDT. From a technical perspective, the key support level is at 0.2358 USDT, which is less than 1.2% away from the current price. Further down, there is a support zone between 0.2307 and 0.2315.
From a trading standpoint, since the trading volume is so active, it’s worth paying attention to potential bullish opportunities near the support level. Specifically, placing buy orders around 0.2358 would be reasonable, with resistance set at 0.2422 as the take-profit target.
In simple terms, a sudden increase in volume usually indicates that funds are becoming more active, and the probability of a market move is rising. The next step is to closely observe ENA's trend, especially whether this support level can hold or if it can break through the resistance level upward.
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zkProofGremlin
· 01-05 12:20
216% trading volume, this really shows something, funds are moving.
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CommunityWorker
· 01-05 09:47
216% Haha, this wave of volume is indeed quite intense, but ENA always likes to play scare tactics.
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HalfPositionRunner
· 01-03 20:48
216% increase? This wave of volume movement definitely has some substance, but buddy, don't rush to jump in.
Whether the support can hold is the key; if the 0.2358 level breaks, it will be awkward.
Let's wait and see, don't chase the high.
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PerennialLeek
· 01-03 20:42
216% increase, how many whales are dumping... Wait, I need to check if my ENA holdings are still there.
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pumpamentalist
· 01-03 20:33
216% trading volume skyrocketing, this pace feels off.
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StableGenius
· 01-03 20:30
yo 216% in 30min volume spike? that's either whale accumulation or the most elaborate exit liquidity trap i've seen all week, ngl
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SigmaValidator
· 01-03 20:26
A 216% increase? How much capital is being poured in? Feels suspicious.
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SchrodingerGas
· 01-03 20:22
216%? On-chain data showing such a fluctuation, either smart money is positioning or it's the night before being cut. I bet the latter is more likely.
ENA's recent performance is quite interesting. The 30-minute trading volume suddenly surged, with a rise of 216%, and such abnormal volume movements are often not without reason.
The current price is at 0.2367 USDT. From a technical perspective, the key support level is at 0.2358 USDT, which is less than 1.2% away from the current price. Further down, there is a support zone between 0.2307 and 0.2315.
From a trading standpoint, since the trading volume is so active, it’s worth paying attention to potential bullish opportunities near the support level. Specifically, placing buy orders around 0.2358 would be reasonable, with resistance set at 0.2422 as the take-profit target.
In simple terms, a sudden increase in volume usually indicates that funds are becoming more active, and the probability of a market move is rising. The next step is to closely observe ENA's trend, especially whether this support level can hold or if it can break through the resistance level upward.