🚀 $ENA

/USDT Technical Analysis: Potential Price Targets for 2024 🚀

🔎 Current Price: $0.6324

The ENA/USDT pair has seen significant movement over the past 24 hours, with a solid +9.36% increase. As we assess the charts, here's a breakdown of potential targets to keep an eye on:

🎯 Target 1: $0.6500

This is the recent 24-hour high and a crucial resistance level. If ENA manages to break above this price point, we could see further upward momentum toward higher targets.

🎯 Target 2: $0.7000

A key psychological level. If ENA can maintain the bullish trend and close above $0.6500, the next target would be $0.7000, where we may encounter some resistance before a potential breakout.

🎯 Target 3: $0.7500

The final target in this bullish scenario. If the market sentiment remains strong and ENA continues its upward trend, $0.7500 could be reached as a major level of resistance.

📊 Key Levels to Watch:

Support Level: $0.5558 (24h low)

Resistance Level: $0.6500 (24h high)

🕒 Time Frames to Watch:

Short-Term (15m): Minor fluctuations with possible retests around $0.6324.

Medium-Term (1h): Consolidation could occur near current levels before a breakout.

Long-Term (1D): Strong upward potential if the bullish trend holds.

🌍 Market Sentiment: Bullish momentum has been building, with solid buy orders at 8.87% depth, suggesting strong demand.

As always, remember to manage your risks and trade wisely! 🚀

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