ENA: Hayes Adds as One-Year Downtrend Breaks
ENA at $0.09 breaks one-year bear market with Hayes buying, bullish divergences and volume surge pointing to 3-4X move.
SourceAnalysis
ENA breaks a one-year downtrend after Arthur Hayes added to his holdings.
Volume rises while higher-timeframe moving averages flip toward support and multiple bullish divergences appear across charts.
Price sits at $0.09 on the 4-hour chart, testing the upper Bollinger Band resistance with EMA50 and EMA200 both anchored at $0.08 as concrete support. The MACD golden cross at 0.0 reinforces the bullish structure while RSI at 64.63 stays neutral, leaving room for continuation before any test of the lower band near $0.07.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast