ENA records daily rise of 18% thanks to the purchase pressure through whales-however, technical indicators indicate resistance, while almost $ 4 million were liquidated in long positions.

ENA records daily rise of 18% thanks to the purchase pressure through whales-however, technical indicators indicate resistance, while almost $ 4 million were liquidated in long positions.

market analysis: $ ENA reaches an increase of 18%, while technical indicators indicate resistance

In the last 24 hours, the price of $ Ena has recorded a remarkable increase of 18%. This increase is partly explained by the increased interest of great investors, also known as the "whales", who have expanded their stocks in this market segment.

Despite the successful day, there are technical indicators that indicate potential levels of resistance. In particular, almost $ 4 million were liquidated in long positions, which indicates a certain uncertainty among dealers. These liquidations could indicate that market participants hesitate to invest in the increasing trend movement, possibly due to the concern for possible corrections.

It remains to be seen how the $ Ena market will develop in the coming days, especially against the background of these mixed signals. Investors should keep an eye on the technical analysis and weigh up possible risks and opportunities before making decisions.