2026-01-08 16:31:02

ENA this wave of market movement is indeed a bit tough. The price is firmly suppressed by the short-term moving averages, with a daily decline of 2.5%, and the bearish sentiment is at its peak. From the indicators, the RSI has already dropped to around 27, which is usually a signal, but in this kind of one-sided selling pace, it seems to have little effect. The negative MACD bars continue to strengthen, indicating that the downward momentum is still being released.

The most noteworthy point is that the trading volume remains very high. Usually, such high volume combined with a decline often reflects panic selling rather than accumulation. The current price is around 0.2319. From a bearish perspective, there is indeed an opportunity to follow up. If the support level is broken further, there may be room for additional downside. However, before participating, risk exposure should be controlled, as there is always a possibility of a rebound before the bottom is confirmed.

ENA-1,3%

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RektDetective

· 10h ago

ENA this wave indeed hit hard, RSI is already at 27 and still falling, which is a bit outrageous, the bears are having a good time --- High volume sell-off, the panic selling feeling is very strong, but I think the bottom hasn't been reached yet --- 0.2319 is indeed an attractive level, but wait for a rebound signal before going in, don't get caught --- This kind of one-sided decline is the most annoying, all technical indicators are useless, it just feels like being hammered down --- With such high trading volume and still falling, it indicates some people are still bottom-fishing, a rebound might be near --- It looks like the bears still have strength, but such extreme market conditions often signal a reversal, be cautious and stay alert --- ENA is a bit disappointing, the short-term moving averages are heavily suppressing it, not much imagination

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SilentObserver

· 01-09 15:29

ENA is indeed crashing, but I think this high-volume sell-off is a bit too exaggerated, feels like trying to find the bottom. RSI at 27 in such an extreme position actually makes me a little hesitant, I always feel a rebound is coming. This friend says there's still room for further breakdown, but if you ask me, the possibility of a bottom rebound isn't small. Controlling exposure is right, really don't go all in. The pace of ENA is really uncomfortable to watch.

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gaslight_gasfeez

· 01-08 18:26

ENA this downtrend is really brutal, RSI is already at 27 and still dropping, I'm actually a bit panicked --- High volume decline is really disgusting, better not to touch it in the short term --- Chasing a short before the bottom is confirmed? This is the easiest way to get caught in a rebound and get wrecked --- It's not too late to break the level and follow, but now participating really depends on luck --- With MACD pulling like this, it probably will fall further, but I also dare not bottom fish anymore --- The huge trading volume is even more frightening, feels like a sell-off --- Wait a minute, can this price level really be bought or will it continue to decline? --- A 2.5% drop isn't a big deal, the key is whether it can rebound afterward, the current situation is a bit serious --- Rather than chasing a short, it's better to wait for a clear bottom signal to come out

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RunWithRugs

· 01-08 17:01

ENA really hits hard without mercy. Even when RSI hits bottom, it continues to make new lows. The pace is quite intense. However, heavy selling on high volume often signals a bottom. It might be worth trying a small amount to test the waters.

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MevShadowranger

· 01-08 16:55

ENA is really getting hammered now; I think the bears are truly enjoying it. The RSI is already at 27 and it keeps dropping, indicating that there are indeed no buy orders coming in. Wait, is this high-level dumping or genuine panic? It feels like someone is selling off.

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MonkeySeeMonkeyDo

· 01-08 16:52

ENA is really getting hammered now, I didn't expect that, keep smashing? The bears must be thrilled now, haha, I can't hold it anymore. RSI is already at 27 and still dropping, indicating panic selling. Where is the bottom? Can you give a definitive signal? Should I buy at this price level or not? I'm so conflicted. What if it breaks the support level? Should I continue to follow the bears? The sharp decline on high volume is indeed intense, it seems it will continue. Waiting for a rebound, no buying before the bottom is confirmed. Another tough day, the market is really annoying.

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ChainSpy

· 01-08 16:51

ENA breaks through directly, RSI is already at 27 and still digging down, this rhythm... it's a bit desperate. The bears are really in control, it seems they haven't had enough yet. High volume sell-off is panic selling, it might continue to probe lower, be careful not to catch a flying knife, everyone. Daring to buy before the bottom is confirmed? I think it's risky; a rebound could cut you at any time. This time, we need to wait for a signal before acting. Keep your risk exposure in check, or else the retail investors' fate will be like this.

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ImaginaryWhale

· 01-08 16:46

RSI has dropped to 27, still trying to buy the dip? Overthinking it, this wave is just a dumping rhythm. Who the hell knows where the bottom is? ENA really underperformed this time. People who bought at high levels are probably wishing they were dead now. With such a huge trading volume dropping like this, maybe big players are dumping. Wait, isn't this just a rebound trap? After breaking the level, there's still a long way down. Don't buy recklessly.

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LiquidityHunter

· 01-08 16:39

ENA's rhythm is really amazing, with the bears frantically dumping. RSI has already broken 27 but can't recover, indicating that no one is willing to buy. A sharp decline on high volume is the most terrifying, and it seems like it can still continue to test the bottom.

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ParallelChainMaxi

· 01-08 16:34

ENA this rhythm, the bears are really getting excited. RSI is already at 27 but still selling off, truly impressive. --- High volume sell-off, the panic selling feeling is quite strong. --- If it breaks down, just keep falling. This wave feels like there's no bottom. --- Buying the dip at 0.2319? You'd better wait for a rebound signal, or you'll get cut. --- MACD negative bars are still pulling, don't expect a short-term rebound. --- How can there still be people daring to buy the dip in ENA? I really don't understand. --- With such high trading volume, it's actually more dangerous, indicating that nobody really wants it. --- All false signals before confirming the bottom, better to stay on the sidelines. --- This is a typical look before hitting the bottom. --- The short-term moving averages are heavily suppressing, a rebound seems unlikely.

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