🚀 $ENA /USDT Technical Analysis 🎯
ENA is showcasing an impressive 24.77% gain, trading at $1.1842 with a 24h high of $1.2275 and a low of $0.8400. With increasing volume and momentum, this DeFi token might be gearing up for another breakout. Let’s explore potential targets:
1️⃣ Target: $1.2500
Analysis: This target aligns with the current resistance zone. A break above could indicate strong bullish sentiment.
Key Signal: Watch for volume spikes and a confirmed close above $1.22 to validate this move.
2️⃣ Target: $1.4000
Analysis: A psychological level where profit-taking could occur. If the rally sustains, this level is achievable in the short term.
Key Signal: Consistent higher highs on the 4H chart and RSI in the 70-80 range.
3️⃣ Target: $1.6000
Analysis: This long-term target signals a complete breakout of ENA’s trend, provided market sentiment and liquidity remain positive.
Key Signal: Look for a golden cross on the daily chart and strong DeFi market performance.
🔎 Key Levels to Watch
Support: $1.00 (critical zone to hold for bulls).
Resistance: $1.22 - $1.25.
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