Technical analysis by Crypto_Gym_Work about Symbol ENA: Buy recommendation (8/12/2025)

Crypto_Gym_Work

Time to update the ENA idea and see what’s changed — apart from the fact that since I said it was the cleanest chart on the market right now, the price has surged by dozens of percent and ENA has entered the top 10 by trading volume on all major exchanges 😁. ➡️ First of all, the price is still moving within an ascending channel. As it’s been climbing, a third gap has formed at the $0.74–0.619 levels. And this many gaps is starting to look worrying, given that 99% of gaps tend to get filled sooner or later. ➡️ On the negative side, we’ve now got a divergence in buying volume, which shows that fewer buyers are willing to step in at these prices. ➡️ However, Money Flow is still showing massive inflows of liquidity into ENA — inflows that are continuing even now, though they’ve slowed slightly due to obvious profit-taking by some holders. ➡️ RSI is also showing a bearish divergence. This means each new upward impulse is weaker than the previous one, and the trend is gradually losing momentum. 📌 Conclusion: ENA is definitely overheated locally, but I don’t believe we’re about to see a collapse to zero. A correction seems natural, and I think at the very least the upper gap will get filled. That would give an opportunity for those waiting lower to buy in. And if liquidity is still flowing in even now, the lower the price drops, the more liquidity it will likely attract. So in my view, we could see a local correction followed by an accumulation phase. But the overall trend direction remains upward 📈.