Binance ENAUSDT 2h Trend Prediction

The current ENAUSDT price has approached the short-term support zone (S1: 0.6401, S2: 0.63). The overall small-cycle trend remains clearly bearish. The Bollinger Bands have narrowed with the lower band being frequently tested, indicating weak momentum; the bearish pattern shows no signs of improving, suggesting that the recent rebound is unlikely to be sustained. The MACD histogram continues to expand with green bars, and a clear death cross effect accompanies increased downward volume, without evident divergence signals. The RSI across multiple periods has fallen below 30; although the short-term appears oversold, the chart lacks volume-driven bullish candles and there is no significant change in trading volume. Therefore, this is not regarded as a short-term rapid rebound signal, only a weak technical correction is expected. The KDJ-J value is extremely low, indicating the market is in an extreme weak state. Short-term dips below support carry higher risk of further declines than of rebounds. All moving averages (MA) are in a bearish configuration, showing substantial overhead resistance and a lack of active bullish volume intervention. Although some long and short position data tend to favor the longs, active trading is relatively insufficient. Considering the funding rate and overall market sentiment, the dominance of the bears remains strong, making a powerful reversal unlikely in the near term. While trading volume has generally increased, it is accompanied by a downward pressure on the price, indicating funds are retreating in a weak manner. Overall, ENAUSDT is expected to test the lower support level in the 0.64–0.66 range over the next 2 hours. If S1 is broken, the price may further approach S2; if a short-term rebound occurs, resistance around 0.68 is expected to be strong. Currently, the recommended stance is maintained as bearish, with cautious monitoring of support levels. Until volume flows back in significantly, aggressive longs are not advised. For aggressive traders, it is suggested to wait until the price drops near 0.6401 to attempt capturing an oversold rebound, but with a light position, quick entries and exits are recommended, and stop-loss should not exceed 0.63. The main strategy should be high sell, low buy or trend-following shorting, with strict risk control.