Binance $ENA /USDT Price Analysis and Target

The $ENA /USDT pair has recently experienced significant upward movement, rising by +24.18% over the past 24 hours. Currently priced at $1.1757, it has hit a 24-hour high of $1.2275, and the 24-hour low stands at $0.8400.

Key Trading Data:

24h High: $1.2275

24h Low: $0.8400

24h Volume (ENA): 399.81 million ENA tokens

24h Volume (USDT): 410.15 million USDT

MA(7): 1.1786

MA(25): 1.1809

MA(99): 1.1769

Technical Indicators:

The Moving Averages (MA) reflect a stable and slightly bullish trend, with the price hovering above the 7-period (MA7), 25-period (MA25), and 99-period (MA99) moving averages. This suggests that the price is in a solid upward trajectory and maintaining bullish momentum.

The 24-hour trading volume of 399.81 million ENA and 410.15 million USDT indicates strong market participation, supporting the current price surge and suggesting potential for further upside.

The price is currently around $1.1757, and it is nearing its 24-hour high of $1.2275, which could act as the next resistance level.

Target Price:

The immediate target for ENA/USDT is around $1.2275, which is the 24-hour high. A breakout above this level could push the price higher, potentially targeting $1.2500 or even $1.3000 in the short term.

In case of a pullback, support is likely to be found around the MA(99) level of $1.1769, followed by the $1.1700 range.

Conclusion:

The $ENA

/USDT pair is showing strong bullish momentum, with the $1.2275 level acting as the next key target. If the price breaks above this resistance, further gains toward $1.2500 or $1.3000 are possible. Traders should keep an eye on support levels around $1.1769 (MA99) to gauge the potential for any pullbacks.#CorePCESignalsShift #BTCNextMove #USUALBullRun #ElSalvadorBTCReserve #USJoblessClaimsFall