📈 $ENA /USDT Technical Analysis Update
💰 Current Price: $1.0994 (+5.08%)
🎯 Key Levels:
• Resistance: $1.1238 (24H High)
• Support: $1.0500
• Next Targets: $1.1200 and $1.1500
📊 Trade Setup:
• Entry Zone: $1.0900 - $1.1000
• Take Profit (TP):
• TP1: $1.1200
• TP2: $1.1500
• Stop Loss (SL): $1.0500
📉 Market Insights:
1. Price has rebounded strongly from $1.0500, showing potential for further upward movement.
2. Volumes remain elevated, which supports bullish sentiment.
3. Sustained momentum above $1.1000 could lead to a test of the next resistance level at $1.1200.
⚡ Recommendations:
• Consider partial profit booking at $1.1200.
• Shift stop-loss to breakeven once $1.1200 is achieved to secure gains.
• Monitor volume and market conditions closely for signs of trend continuation.
Stay updated with disciplined strategies for profitable trades!