The $ENA /USDT analysis on the 15-minute chart displays a current price of 0.5397, with an impressive 34.52% increase.
Traders might consider entering a position around the current price or on slight pullbacks to 0.5300 for potential upward momentum.
The major resistance to monitor is at 0.5540, which could be a decisive point for further bullish action if breached.
Support is established at 0.4736, providing a safety net where buying interest may reinforce the price. Profit targets can be set at TP1 of 0.5450, TP2 at 0.5500, and TP3 at the resistance of 0.5540.
To manage risk, setting a stop-loss (SL) below the support at around 0.4700 is advisable, safeguarding against potential downward movement.
