Technical analysis by florin_9494 about Symbol ENA: Buy recommendation (11/23/2025)

This chart displays ENA on a daily timeframe, with clear structure pointing to a favorable long entry. The current price action is trading within a major support zone, where previous trendline breaks have consistently marked the start of impulsive moves. Historically, every time ENA breaks out above the descending trendline, the asset tends to retest the breakout level before accelerating higher. A blue fractal shows past price evolution from October last year, highlighting the repeatable bullish pattern as price reverses trend, retests the breakout, and rallies to new highs. As always, use prudent position sizing and stop-losses, particularly if support fails to hold. This bullish setup is most likely to play out if the FED decides to cut interest rates in December. It could serve as a strong macro catalyst to support the pattern shown here. Thus, watch for confirmation from the Fed policy easing may power the next leg up for ENA and similar assets.