【$ENA Signal】Hold Cash and Watch - Downtrend with Diminishing Buying Pressure

$ENA Price decline accompanied by weakening buying strength. The 4H buy/sell ratio has been continuously below 0.5, indicating that active selling pressure dominates. Although open interest remains stable, Taker sell volume is significant, and the funding rate is still positive, posing a risk of long liquidation. The price failed to hold above the key support at 0.12, with sparse buy orders below, indicating a short-term weak structure.

🎯 Direction: Hold Cash

Wait for the price to show clear buy absorption signals around 0.115 or a volume breakout above 0.12 resistance before making an assessment. The current market logic favors long position liquidation rather than main force accumulation, making contrarian buying risky.

Trade 👇 $ENA
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