Technical analysis by Mrctradinglab about Symbol ENA on 1/5/2026

From the higher timeframe, ENA is still trading within a broader bearish structure. The recent bounce is a reaction from support, not a confirmed trend reversal yet. On the Daily, price is still respecting the descending trendline. At this moment, there is no valid long trigger. What I want to see next: Price needs to print a high and then reclaim the key resistance level, turning it into support. That R/S flip is required to confirm a potential structure shift. Until that reclaim happens, this remains a patience trade. No reclaim, no confirmation = no trade. Let price do the work first. Are you waiting for the reclaim or staying sidelined for now? MrC