$ENA /USDT: Long Signal - Spot and Futures
$ENA /USDT is currently trading at $1.1656 after a sharp pullback from recent highs near $1.33. The price is approaching key support, offering a solid risk-reward opportunity.
Spot Trading Signal
• Entry Zone: $1.15 - $1.17
• Targets:
• $1.22
• $1.27
• $1.33
• Stop Loss: $1.12
Futures Trading Signal
• Entry Zone: $1.15 - $1.17
• Targets:
• $1.22
• $1.27
• $1.33
• Stop Loss: $1.12
• Leverage: 5x - 8x (Moderate Risk)
Market Analysis
• Support: $1.15 – Key level to hold for buyers to step in.
• Resistance: $1.22 - $1.27 – Watch for reactions at these levels.
• Trend: Price is in an overall uptrend, with the pullback creating an attractive entry point.
Insights
• The RSI indicates oversold conditions, signaling a possible bounce.
• Volume will be key; monitor for increasing buy volume as the price stabilizes near support.
• Risk Management: Use a stop loss at $1.12 to minimize downside risk.
ENA/USDT is primed for a recovery; watch the $1.15 zone for confirmation and upward momentum.#VANAOpening
