$ENA bounced hard from the 0.10 base and is now consolidating inside a bullish flag on the 1H chart. This structure usually forms when sellers are exhausted and price pauses before the next leg. Importantly, this is price compression after expansion, not a weak sideways drift.

Within the flag, volatility is shrinking and downside attempts are getting absorbed quickly. As long as price holds above the lower boundary, the bullish structure remains valid. This is a reaction zone, not a chase zone — confirmation matters.

🔻 If #ENA loses 0.118–0.116 with acceptance, the flag fails and price can revisit the base area.

🔼 A clean breakout and hold above 0.128–0.130 can unlock the next move:

Target: 0.138 – 0.1400 - 0.1450

Support: 0.118 → 0.115

Resistance: 0.130 → 0.138

$ENA whale just woke up from a year-long nap and splashed 30M $ENA ($6.98M) into Binance through BitGo!

He still has 157.55M #ENA , worth around $36.74M.