ENA token is trading near $0.2402 after experiencing a 15.2% decline over the past week. The token is currently testing a 4-hour downtrend line that has been in place since early November. Support is established at $0.2347, while resistance is at $0.2482, marking the upper boundary of the 24-hour trading range. The market remains stable above the support level, with potential for a significant bullish rally if the trend line is breached.