Signal Update: $ENA

šŸ“ˆ Current Price: $1.1713 (+20.80%)

šŸ” Trend: Consolidating after a strong bullish rally, indicating potential for continuation or reversal.

šŸ’” Trade Setup:

Entry Zone: $1.1500 - $1.1800

Take Profit (TP):

1. TP1: $1.2500

2. TP2: $1.3500

Stop Loss (SL): $1.1000

Analysis:

$ENA has rallied strongly, with resistance forming near $1.2275. The consolidation at current levels suggests the possibility of a breakout if bullish momentum persists. Look for a breakout confirmation above $1.1800 for long positions.

šŸ“Š Strategy: Ideal for a breakout trade or pullback entry. Adjust SL to breakeven or higher once TP1 is achieved.

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