Expert opinion: bullish #ENA

Current price: ENA price is around $0.231 and recently found support at $0.198.

Support level: $0.198, the descending green trend line (S2) may also act as support.

Resistance level: The nearest resistance is $0.301 (R1), and the next resistance is $0.387 (R2).

MACD: Close to the zero line, which may indicate weakening bearish momentum.

RSI: 34.48, close to the oversold zone, which may be a buy signal.

Trading strategy: A small long position can be opened above $0.198, with an initial target of $0.301. If it breaks through $0.301 and the volume increases, the position can be increased or the stop loss can be adjusted to a higher point, while the target is $0.387.

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