ENA - Already Over-Sold!Ethena / TetherCRYPTOCOM:ENAUSDTTheSignalystHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈ENA has been overall bearish trading within the falling channel marked in red and it is currently retesting the lower bound of the channel. Moreover, the blue zone is a strong demand. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of demand and lower red trendline acting as a non-horizontal support. 📚 As per my trading style: As #ENA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich