Bull Run Confirmed: $ENA USDT Analysis ๐๐ฅ๐ฏ
The recent price breakout above the highlighted resistance zone at $1.05 has confirmed a bullish trend for ENAUSDT. The current price is $1.1217 (+1.58%), indicating strong upward momentum.
Next Target and Stop Loss:
โข Target 1: $1.20 (Short-term)
โข Target 2: $1.35 (Mid-term)
โข Stop Loss: $1.03 (To secure against unexpected pullbacks)
Key Observations:
โข The breakout above the purple resistance zone signals renewed buying interest.
โข A retest of $1.05 before further rallying may provide another entry point.
โข Volume is supporting the upward move, adding confidence to the bull run.
Action Plan:
1. Entry: Ideal at current levels or during pullbacks around $1.05.
2. Secure Profits: Consider partial profit booking at $1.20.
3. Long-Term Hold: Maintain positions above $1.03 for further upside potential.
Stay disciplined with your risk management and watch for any changes in market sentiment.
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