🚀 $ENA /USDT Technical Analysis - Potential Price Movement & Targets 🎯

The ENA/USDT pair has shown impressive bullish momentum recently, climbing +14.78% in the last 24 hours, and currently stands at $1.1418. Here's a quick breakdown of the technical outlook:

🔹 Current Price: $1.1418

🔹 24h High: $1.2000

🔹 24h Low: $0.9466

📊 Key Support & Resistance Levels:

Support Zone: $0.9466 (24h Low)

Resistance Zone: $1.2000 (24h High)

🎯 Target Levels:

1. Target 1: $1.17 – A potential short-term resistance level, where the price could test before a pullback or continuation upward.

2. Target 2: $1.25 – A higher resistance that aligns with the ongoing bullish trend, if the price breaks above the previous resistance.

3. Target 3: $1.30 – This level could be reached if momentum continues, driven by increased buying pressure and overall market sentiment.

🔍 Market Sentiment:

With a 27.27% market depth at the current price of $1.1418, the bulls are in control, and the price is likely to see further upward movement unless a significant correction occurs.

Volume is strong with 252.65 million ENA traded, confirming the momentum is backed by solid market interest.

Reminder: Always consider risk management strategies when trading and keep an eye on the broader market trends for any potential reversals.

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