ENA (ENA)

The market is wising up, in my opinion. Yes, the discourse is rapidly shifting into measuring apps by revenue generated. No, not every token generating increased revenue will survive or outperform. Top Revenue Growth Protocols vs. Price Growth over the past 30 days. $ENA +690% Rev Growth/-40% Price Growth $UNI +569% Rev Growth/ - 33% Price Growth $CRV +104% Rev Growth/ -29% Price Growth $GMX +50% Rev Growth/ -19% Price Growth $RAY +32% Rev Growth/ -21% Price Growth The relationship between token, revenue, and narrative is becoming clearer every cycle.

$ENA (request): My last update was some time ago. Price reacted to the wave-(ii) resistance zone and has since printed new bear market lows. As long as price remains below the trendline, I expect further downside extensions. A break above it would suggest that wave-(iv) has begun. Strong resistance sits between $0.20–$0.25.

$ENA – Where’s the next move? On H4, $ENA is in a clear downtrend, printing lower highs and lower lows. It may now be forming another lower high before the next drop. So where’s the next lower low? Using Fib extension, the next potential LL sits around ~$0.100. Invalidation comes if $ENA makes a CHoCH and closes above $0.13.

Truly interesting chart, buying a small swing here. Not much left to do other than going to zero or giving multiples, you gotta be fine with both outcomes though. $ENA https://t.co/qICXshbL0r

Hol up if the premise of ENA is that funding rates generally trend positive then why don’t we ape in @boros_fi vault LP? Just a simple premise as a newbie to be disproven but feels like a straightforward risk premia harvest or sth?

#ENA has been under a falling trend for a long time. 0.12–0.11 is the main support zone, where bounce attempts may occur but the trend remains down. 0.20–0.25 is the first strong resistance; it is hard to talk about a medium‑term reversal without breaking this zone. If the falling trend breaks above, and passes 0.60, it turns positive #kripto https://t.co/CzZOF8Vsvn

Arthur Hayes also closes his positions on several tokens at a loss. ▫️ $ENA: 15.8 million purchased at ~$0.23 → sold at ~$0.13. Losses of approximately $1.54 million. ▫️ $PENDLE: 1.4 million purchased at ~$2.06 → sold at ~$1.34. Loss of approximately $990,000. ▫️ $ETHFI: 2.15 million purchased at ~$0.74 → sold at ~$0.47. Loss of approximately $630,000. ▫️ $LDO: 2.3 million purchased at ~$0.56 → sold at ~$0.42. Losses of approximately $310,000. 📉 The overall result is a significant loss across all four assets.

$ENA 📉⚠️🔄 🎯 $0.12 hit, failure to reclaim $0.15 opens path toward $0.06. ENA has followed the bearish flag thesis cleanly since $0.27, with max pain mapped at $0.12 and now fully tapped after a ~60% drawdown 📉📊 Trading even below that level confirms structural weakness, not just volatility. From here, everything hinges on recovery strength. Reclaiming and holding above $0.14–$0.15 likely invalidates the deeper flush. Failure to do so, especially with consolidation stuck between $0.10–$0.14, keeps $0.06 firmly in play as the next downside magnet ⚠️🔄 #CRYPTO #ENA #ALTCOINS #MARKETSTRUCTURE #TRADING #ETHBETA