๐ $ENA /USDT Technical Analysis: A Profitable Opportunity Awaits!๐ฏ๐๐
ENA/USDT is showing a strong recovery with bullish momentum. Currently trading at $1.09 (+1.60%), the pair has touched a 24h high of $1.1999 and a 24h low of $1.0050, with impressive trading volume (USDT: 351.03M). Here's a detailed breakdown:
๐ Key Technical Levels
๐ฏ Target 1: $1.16
The SAR (Stop and Reverse) indicator at 1.1628 signals a potential breakout if this level is crossed. Watch closely for momentum to hold above $1.16 for short-term gains.
๐ฏ Target 2: $1.20
A psychological resistance and the 24h high. If bulls maintain the pressure, this level could be breached, paving the way for a solid rally.
๐ฏ Target 3: $1.30
A mid-term target with significant upside potential. This level aligns with Fibonacci resistance, making it a crucial milestone for traders.
๐ก Community Insights
DeFi interest in ENA is increasing as its 24h volume highlights growing participation. Stay updated with market depth and watch for any significant price action.
๐ Key Indicators
SAR (0.02, 0.2): $1.1628
Daily Change: +1.60%
Volatility: High
๐ Are you ready to ride the ENA wave? Keep your stop-loss tight and targets clear! Happy trading on Binance!