ENA 4H – Rejection at Horizontal Resistance While Riding Rising ENA / TetherUSBINANCE:ENAUSDTBKVIPENA on the 4H timeframe is currently trading around 0.0950 after pushing up to a high near 0.1010 before getting rejected sharply back down. Price has been riding a rising trendline from the April 5 lows, making higher lows throughout the move. However, the horizontal resistance near 0.0950–0.0960 has now acted as a ceiling twice, rejecting price on both tests. The rising trendline is currently sitting below current price and rising, providing dynamic support. Key Levels To Watch 0.1010 → Spike high, key resistance above 0.0950–0.0960 → Horizontal resistance, current rejection zone 0.0910–0.0920 → Rising trendline support (dynamic, climbing) 0.0870–0.0880 → Secondary support below trendline Below 0.0800 → Structure breakdown As long as price holds above the rising trendline, the higher-low structure remains intact. A clean break and close above 0.0960 would clear the horizontal resistance and open room toward 0.1010 and beyond. Failure to hold the rising trendline near 0.0910 would break the higher-low sequence and expose price to a deeper pullback toward 0.0870–0.0880. This is a key inflection point. Hold trendline and break 0.0960 → continuation toward 0.1010+. Lose trendline support → pullback deepens toward 0.0870. Structure remains bullish above rising trendline. Bias shifts only on trendline breakdown.