$ENA
📊 ENA/USDT Technical Analysis: Momentum Building at $1.0962 🚀
ENA is trading at $1.0962, sitting at a key technical juncture that could determine its next move. The market shows signs of tightening ranges, hinting at a potential breakout. Let’s break down the key levels:
Support Zone: Strong support is observed at $1.0800, where bulls have previously defended the price. Holding above this level may reinforce buying interest and keep the trend intact.
Resistance Zone: The price is facing resistance at $1.1100, a critical barrier. A successful breakout above this level could drive ENA toward $1.1500–$1.2000, offering significant upside potential.
Entry Strategy:
Bullish Setup: Enter on a confirmed breakout above $1.1100, targeting $1.1500–$1.2000. Set a stop-loss below $1.0850.
Bearish Setup: Short positions may be considered if the price falls below $1.0800, aiming for $1.0500–$1.0300.
ENA is at a crucial pivot, with trading activity suggesting growing interest. Keep an eye on volume and price action at the key levels for your next move. Will ENA break higher or dip lower? Stay prepared and trade wisely! 📈
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