【$ENA Signal】No Position + Weak Consolidation Awaiting Direction

$ENA Forms a descending triangle consolidation on the 4H timeframe, with the price suppressed below 0.1264, indicating weak buying pressure.

🎯 Direction: No Position (NoPosition)

Data reveals the main force's intent: Although the price has risen slightly by 0.41%, Taker Volume shows active selling dominance (is_taker_buying: false), indicating that the upward movement is driven by passive buy orders, with no signs of active buying from the main force. Open interest (OI) remains stable, combined with a positive but low funding rate, suggesting a temporary balance between bulls and bears, but a lack of upward momentum from the bulls.

The 4H buy/sell ratio hovers between 0.42 and 0.53, always below 1, proving that each rebound encounters stronger selling pressure. The order book above 0.124 (sell side) is heavily stacked with sell orders, forming a clear resistance zone.

The current structure leans bearish, but no clear breakdown signal has appeared. The strategy should wait for a confirmed break below 0.1229 (recent low) to verify increased selling pressure, or a strong breakout above 0.1264 accompanied by increased Taker buy volume before considering a direction. Entry risk-reward ratio at this moment is poor, placing it in a probabilistic disadvantage zone.

Trade here 👇 $ENA

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