The indicators show that ENA is trying to recover from its earlier decline. While short-term momentum (RSI, MACD, and SAR) is leaning bullish, the overall trend is still uncertain and dependent on breaking resistance levels at $1.18. Keep an eye on the RSI crossing firmly above 60 and MACD histogram strengthening for confirmation of a sustained uptrend. If resistance is broken, it could test higher levels.
Strategy:
For bullish traders, consider entering on a breakout above $1.18, with a stop-loss near $1.14.
For cautious traders, wait for confirmation of sustained bullish momentum through stronger volume and MACD trends.
