ENATechnical Analysis of ENA/USDT
Background Information:
Current price: $1.04
Change in 24 hours: -16.36%
Volume in 24 hours: 989.56 million ENA and 900.08 million USDT
Highest price in 24 hours: $1,320
Lowest price in 24 hours: $0.907
Technical analysis indicators:
Moving averages:
MA(5): 5,550,764.07
MA(7): 1.067
MA(10): 6,094,610.50
MA(25): 1.103
MA(99): 1.081
Relative Strength Index (RSI): 9.1%
MACD Indicator: Negative
KDJ indicator:
K: 42.24
D: 28.04
J: 19.88
Bollinger Bands indicator:
Upper range: $1,179
Lower band: $0.951
Analysis:
Trend: Down
Support levels: $1.02, $0.94
Resistance levels: $1,099, $1,168
comments:
The current price indicates a downtrend.
The RSI is indicating oversold territory, which may indicate the possibility of a rebound.
The MACD indicator indicates the intersection of signal lines, which may indicate the possibility of a trend change.
The KDJ and Bollinger Bands indicators indicate selling pressure.
Recommendations:
To buy: Waiting for a test of the support level at $1.02 or $0.94, while checking for positive signals from technical analysis indicators.
Sell: Continue selling when the resistance level is broken at $1,099 or $1,168.