šØ $ENA /USDT ALERT: Key Support Zone HoldingāPrepare for Breakout! šØ
$ENA is trading at 1.0154, down 1.67%, consolidating above a crucial ascending trendline. A strong move could be on the horizon!
Trade Setup
š” Entry Zone:
ā¢ Long Entry: Above 1.0500, confirming bullish momentum.
ā¢ Short Entry: Below 0.9900, signaling a potential breakdown.
šÆ Targets for Long:
ā¢ Target 1: 1.1000
ā¢ Target 2: 1.1500
ā¢ Target 3: 1.2500
š» Stop Loss for Long: 0.9900
šÆ Targets for Short:
ā¢ Target 1: 0.9500
ā¢ Target 2: 0.9000
ā¢ Target 3: 0.8500
š» Stop Loss for Short: 1.0500
Key Levels to Watch
ā¢ Resistance: 1.0500 ā A breakout above this level could fuel a strong rally.
ā¢ Support: 0.9900 ā Losing this level may result in increased bearish pressure.
Market Insight
ENA is at a critical juncture, testing its trendline support. A bounce here could initiate a bullish rally, while failure to hold could lead to a bearish retracement.