Technical Analysis for ENA/USDT
Current Price: $1.1307
24h High: $1.1500 | 24h Low: $1.0050
Key Support: $1.0050 | Key Resistance: $1.1500
SAR Indicator: 1.0201 (bullish momentum if price stays above this level)
Market Trend: The price is currently in a moderate uptrend, with recent consolidation between $1.0050 and $1.1500.
Trade Signal
Momentum: Bullish (Currently, price is up by 0.49% in the last 24 hours)
Trading Signal: Buy on dips, especially if the price holds above $1.0201 (SAR indicator).
Target Levels 🎯
1. Target 1: $1.1500 (Resistance level)
2. Target 2: $1.1573 (Depth level, strong resistance zone)
3. Target 3: $1.1700 (Extended resistance)
Trade Momentum:
Short-term Momentum: Positive (uptrend continuation if price stays above the SAR level of 1.0201)
Risk/Reward: Manage risk with stop-loss just below $1.0050 to protect against a bearish reversal.
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