Technical analysis by SteaIth about Symbol ENA: Sell recommendation (2/1/2025)

SteaIth

Hello everyone! 👋I hope you're all doing well. I wanted to share my thoughts on ENA and provide my perspective on the current market situation. Here's my outlook:The price of this coin is exhibiting signs of weakness, suggesting it may face further downward pressure. Recent price action has broken through key support levels, while momentum indicators are pointing to a continuation of the prevailing downtrend.If the broader market sentiment remains negative, we could see further declines toward the next major support zones. While potential rebounds are always a possibility, the overall trend currently appears to favor the bears.Stay vigilant and manage your risk accordingly.Best regards! ENAUSDTTarget Reached 🎯As predicted, the first target has been reached! 📉 The liquidation grab zone has been tested—let’s see if the move continues. Keep an eye on your stops!