ENA / TetherUS

ENA Faces Strong Selling Pressure, Bulls Struggle to Hold Ground

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ENA/USD shows a bearish shift in market sentiment on the daily chart. The Balance of Power (BoP) indicator has turned negative, currently at -0.35, suggesting that sellers are firmly in control and outweighing buying interest.

The BoP reflects the strength between buyers and sellers, indicating who holds the upper hand over a given period. A negative reading signals that selling pressure is driving prices lower, with sellers overpowering any bullish attempts to push the market upward.


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