$ENA Price Analysis
$ENA has surged dramatically from a 24-hour low of $0.8400 to a current price of $1.2030, showcasing an impressive 25.93% gain. This bullish momentum is pushing the price toward a critical resistance zone.
Key Levels to Watch:
Resistance: $1.2079 (Current 24-hour high)
Support: $1.0914
Trade Setup:
Long Entry: Around $1.2030 on confirmation of a breakout above $1.2079.
Targets:
1. $1.3000 (short-term)
2. $1.4000 (next target)
Risk Management:
Stop-loss: $1.0800 to protect against downside risks.
Pro Tip:
With rising volume, a breakout above $1.2079 could trigger a rally toward higher targets. However, watch for any retracement back to the $1.0914 support level. Ensure disciplined risk management in this volatile setup.
