$ENA /USDT Technical Analysis & Trade Signal: Watch for Potential Reversal 🎯

Current Price: $1.08

24h High: $1.2105 | 24h Low: $1.0765

Trend: Bearish short-term with oversold conditions

Key Support & Resistance Levels

Support:

First Support: $1.08

Second Support: $1.05

Third Support: $1.00

Resistance:

First Resistance: $1.10

Second Resistance: $1.15

Third Resistance: $1.20

Trade Signal: Potential Reversal at Key Levels

Entry Zone: $1.08–$1.10 (oversold conditions suggesting a possible bounce)

Target Levels:

Target 1: $1.10 (short-term recovery)

Target 2: $1.15 (if bullish momentum increases)

Target 3: $1.20 (breakout and continuation)

Stop Loss: Set below $1.05 to manage risk

Momentum Analysis: Bearish Yet Oversold

RSI at 28: Oversold conditions suggest a possible reversal or consolidation.

Bearish Momentum: A drop of -9.86% in the last 24 hours indicates downward pressure.

Strategy: Long Entry Opportunity

Enter at $1.08–$1.10 with targets at $1.10, $1.15, and $1.20.

Monitor for any breakdown below $1.05 to reassess the potential for further downside.

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