$ENA
Update: A Strong Rebound in Play! 📈
ENA/USDT is showing resilience, trading at $1.1295, up 2.56% over the last 24 hours. After bottoming out at $1.0050, the pair has surged back with strong buying momentum, reclaiming key levels.
Key Metrics:
1️⃣ 24-Hour Range:
High: $1.1500
Low: $1.0050
2️⃣ Volume Activity:
24H Volume (ENA): 221.91M
24H Volume (USDT): 242.84M
3️⃣ Recovery Momentum:
ENA has rebounded over 12% from its daily low, showing a bullish reversal from the $1.00 psychological support.
What’s Next for ENA/USDT?
Bullish Scenario:
A sustained break above $1.13 could open the path to retest the $1.15 resistance.
A move beyond $1.15 may target $1.20, signaling a continuation of the bullish trend.
Bearish Risk:
If the price fails to hold above $1.10, a retest of $1.05 or even $1.00 support could be on the cards.
📢 Trading Tips:
For Buyers: Consider entering near $1.12 with a tight stop-loss below $1.10, aiming for targets above $1.15.
For Sellers: Watch for rejection around $1.15 to short, targeting $1.05-$1.00 zones.
Market Sentiment
ENA is showing potential for a strong recovery, and current price action suggests bullish sentiment is returning. Keep an eye on volume surges to confirm momentum!