2026-01-09 05:25:30

ENA's short-term trend is facing obvious bearish pressure. From a technical perspective, the price is stuck below the 20-day moving average at 0.2419, and the rebound strength has difficulty reaching even the 10-day moving average at 0.2348, which is a typical weak pattern. The indicators are also not optimistic—RSI has fallen to around 37.5 in the weak zone, and the MACD has formed a death cross below the zero line with the green bars continuously lengthening, indicating that the bearish momentum remains strong.

What is more concerning is the performance of trading volume. Recent candlesticks have seen volume shrink to almost zero relative to the daily average, indicating extremely low market enthusiasm. Under such a sluggish trading atmosphere, once the market faces pressure, it can easily accelerate downward. Currently, ENA is quoted at 0.2333. If the trading volume cannot recover in the future, breaking below the support level is almost a high-probability event. For bearish traders, this indeed presents a good entry point.

ENA0,3%

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OnlyUpOnly

· 01-09 05:55

When the volume shrinks like this, the bears don't need to exert any effort at all.

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MetadataExplorer

· 01-09 05:55

With such low volume, even a rebound is difficult. The bears are indeed a bit fierce.

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Lonely_Validator

· 01-09 05:51

The shrinking volume is really heartbreaking; this kind of market is most prone to sudden crashes.

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MindsetExpander

· 01-09 05:47

Trading volume is so sluggish, it's really embarrassing. It feels like it's about to break down. --- Bearish momentum is so strong, and you still want a rebound? Dream on. --- If the volume can't recover, it can only go down. No other possibility. --- RSI is already at 37, which indicates a decline. Smart people understand. --- It looks like a good shorting opportunity; it all depends on who dares to take the bait. --- The shrinking volume to this extent is truly despairing. Even a rebound is difficult. --- The 0.2333 level feels like it can't hold, it's only a matter of time. --- To be honest, the death cross and the extended green candles show no technical turnaround. --- The entire market sentiment is gone; this is the most heartbreaking part.

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GoldDiggerDuck

· 01-09 05:45

The shrinking volume is indeed dangerous; this bearish wave is quite fierce. --- Why does it seem like ENA has never rebounded, stuck below the moving average every day? --- WDYM is most likely to break down, or should we wait and see? --- RSI is already at 37, still expecting a rise? Dream on. --- With such poor trading volume, I think a breakdown might be imminent. --- Moving average resistance + death cross + no volume, this combination indeed looks bad. --- Bear entry point? Better not to mess with this coin. --- At the price of 0.2333... feels like there's still room to go lower. --- No, why did the volume suddenly cool down? Did something happen? --- The short-term bearish trend is confirmed; it looks quite uncomfortable. --- What does the lengthening green candle indicate? Continue to drop or rebound?

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