🪷 Dear Family;

♨️ $ENA Price Prediction ♨️

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- ENA's Total Value Locked (TVL) is around $400 million, indicating strong interest and trading activity.

- Fundamentally, ENA is still growing, and technically, it remains strong, with the price respecting a bullish channel.

- ENA is holding a trend line, and Exponential Moving Averages (EMAs) have acted as support.

- A support level and trend line are in place to prevent significant drops.

- It's likely that ENA will consolidate and rally up to $1.6 or $1.65 if the market structure continues.

- Open interest is crucial to watch; a lack of significant open interest despite a price drop may lead to a bearish breakout.

- While a bearish breakout is possible, the overall sentiment is bullish.

- However, it's essential to be prepared for a potential drop in the future.

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