Signal Update: $ENA
📈 Current Price: $1.1713 (+20.80%)
🔍 Trend: Consolidating after a strong bullish rally, indicating potential for continuation or reversal.
💡 Trade Setup:
Entry Zone: $1.1500 - $1.1800
Take Profit (TP):
1. TP1: $1.2500
2. TP2: $1.3500
Stop Loss (SL): $1.1000
Analysis:
$ENA has rallied strongly, with resistance forming near $1.2275. The consolidation at current levels suggests the possibility of a breakout if bullish momentum persists. Look for a breakout confirmation above $1.1800 for long positions.
📊 Strategy: Ideal for a breakout trade or pullback entry. Adjust SL to breakeven or higher once TP1 is achieved.