Binance Technical Analysis: $ENA
/USDT - Bullish Momentum with Key Targets ๐ฏ
The ENA/USDT pair is showing bullish momentum as it moves steadily upward. With the current price at $1.0723, traders should pay attention to these key price levels in the short-term:
Target 1: $1.0800
A break above the 24h high at $1.0796 could push the price towards the $1.0800 level, where we may see increased buying pressure.
Target 2: $1.1000
The next key resistance is $1.1000. If the market maintains its bullish trend, this level could become a significant point of interest for traders.
Target 3: $1.1200
A move beyond $1.1000 would place $1.1200 as the next major target, where profit-taking may occur, creating possible volatility.
With a 24h volume of 417.80M ENA and strong support at $1.0500, ENA/USDT looks poised for further gains. Keep an eye on these levels for potential breakout opportunities!
Let me know if you need any adjustments or further details!