ENA/USDT – Weekly Chart Analysis

✅ Rounded Bottom Pattern Formation
ENA appears to be forming a rounded bottom, a classic accumulation and reversal pattern. Price has bounced from a strong demand zone near $0.25, where historically bulls have shown aggressive entry.

🔍 Technical Breakdown:
Accumulation Zone (Support): $0.2515 – acting as the long-term base.

Current Price: ~$0.3788

Pattern Type: Rounded Bottom with higher low structure.

Bias: Bullish continuation if weekly candle closes above current consolidation.

🎯 Target Projections:
Target 1: $0.8050 – Psychological & technical resistance

Target 2: $1.0849 – Mid-range supply

Target 3: $1.3595 – Measured move completion of the pattern

📈 Bullish Confirmation:
Breakout from the right shoulder above $0.40–$0.45 zone would confirm upward momentum.

Watch for volume confirmation and strong closes above weekly highs.

⚠️ Invalidation Level:
Drop below $0.2515 would invalidate the pattern and signal continuation of the downtrend.

📝 Summary:
ENA is showing a technically clean bottoming structure. If buyers step in with volume, the chart supports a potential +200% upside from current levels. Ideal zone for long positioning was highlighted at the base, with a healthy risk-to-reward structure.