The current price of ENA is between the middle and upper tracks of the Bollinger Bands, indicating that there is still a certain upward momentum in the short term, but resistance may be encountered near the upper track. The Bollinger Bands are generally open upward, indicating that the recent trend is strong, but it is necessary to pay attention to whether there are signs of narrowing (that is, the market turns to shock or correction).
MACD indicator: MACD line and signal line: The two lines are still above the zero axis, indicating that the overall trend is bullish, but the current red column momentum is weakened, indicating that the upward momentum is weakened. If the DIF (white line) crosses the DEA (yellow line), it may mean the possibility of a correction in the short term.
3KDJ indicator: K value and D value are running at a high level, but the J value has begun to fall back, indicating that it may enter the adjustment stage in the short term. If the three KDJ lines diverge downward, the pressure of the correction may increase.
Overall trend analysis: ENA has a clear upward trend in the near future, and the current price is in the correction stage. The upper track of the Bollinger Bands may be a short-term resistance level, while the middle track or lower track will provide support. If the current price can be stabilized and momentum can be accumulated again, it may continue to rise; otherwise, it may pull back to the middle track of the Bollinger Band and stabilize again.
Short-term suggestions: Support level: Pay attention to the middle track of the Bollinger Band (around 0.58) and the low point of the previous oscillation range. Resistance level: The short-term target is to focus on the previous high of 0.71. If it breaks through, it will continue to rise.
Operation strategy: If the price pulls back to the support level of 0.58 and stabilizes, you can consider buying on dips