Technical analysis by wagmitraders about Symbol ENA on 7/30/2025

ENA coin continues its downward movement after being rejected from the $0.70 resistance level. As long as ENA holds above the 4H support level at $0.5549 with confirmed 4-hour candle closes, it is likely to attempt a rebound toward the weekly resistance zone (marked in blue). However, if ENA loses the $0.5549 support level and closes multiple 4H candles below it, further downside momentum is expected. In such a scenario, the initial downside target would be $0.4611. For long-term spot investments in ENA, the price range between $0.3952 and $0.3781 should be closely monitored by investors. Our plan is to accumulate ENA coin within the $0.3952 – $0.3781 support range for long-term spot positions. If the price reaches this zone, our target will be set at $1. Not Financial Advice (NFA).