Here's a short technical analysis and trade signal for $ENA

/USDT:

Technical Analysis (as of current data):

Price Action: The price is currently at $1.06, showing a positive momentum of +3.92% over the last 24 hours, suggesting some bullish interest.

Support Levels: Key support is around $0.84 (24h low), and $0.93-1.00 range can also provide minor support.

Resistance Levels: The key resistance level lies around $1.08 (24h high). Breaking above this level could open the door to further upside.

Trade Signal:

Entry Point: Consider entering a long position near the $1.00 support level or on a retracement to around $1.05 if market shows bullish continuation.

Targets:

1. Target 1: $1.10 — Watch for a potential break of the previous resistance for momentum continuation.

2. Target 2: $1.18 — A further move up would likely reach this level if the upward trend continues.

3. Target 3: $1.25 — This would be a more extended target based on continuation from bullish trend or breakout.

Trade Momentum:

Bullish Momentum: Positive short-term momentum with a break above $1.08 could signal a stronger bullish trend. Watch for price action patterns like a confirmation of higher highs and higher lows.

Stop Loss: Place stop loss near $0.93 to minimize downside risk.

Monitor for significant volume increase or breakouts, as it might help signal the next move.

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