$ENA Price Analysis
$ENA has experienced a remarkable increase, rising from a 24-hour low of $0.8400 to its current price of $1.1930, marking a strong 25.93% gain. This bullish movement is bringing the price closer to a key resistance zone.
Key Levels to Watch:
Resistance: $1.1979 (current 24-hour high)
Support: $1.0914
Trade Setup:
Long Entry: Consider entering around $1.1930 once the price confirms a breakout above $1.1922. Targets:
1. $1.3000 (short-term)
2. $1.4000 (next target)
Risk Management:
Stop-loss: Set at $1.0800 to safeguard against potential downside.
Pro Tip: A breakout above $1.1922, accompanied by rising volume, could lead to a rally toward higher targets. However, keep an eye on any pullback to the $1.0914 support level. Stick to solid risk management in this volatile market.
