Technical Analysis: $ENA

/USDT - Bullish Momentum on the Horizon

The ENA/USDT pair has shown remarkable strength, recently surging +22.68% in 24 hours. Let’s break down the critical levels as we look ahead to possible price action.

Current Price: $0.5138

Key Levels to Watch:

1. Support: $0.5000 - A solid base, providing a potential point of reversal if the price retraces.

2. First Target: $0.5400 - A significant resistance level, breaking this could pave the way for further gains.

3. Second Target: $0.5540 - The 24-hour high, presenting a key breakout point for bulls aiming for higher targets.

4. Third Target: $0.5600 - A psychological barrier that could trigger a sharp rally if reached.

24h High: $0.5540

24h Low: $0.4125

24h Volume (ENA): 281.21M

24h Volume (USDT): 137.42M

As ENA/USDT shows bullish potential, watch for confirmation of further upward momentum. Stay tuned for more updates!