$ENA /USDT Technical Analysis Update ๐Ÿ”ฅ๐Ÿ’ฏ

๐Ÿ“Š Current Price: $1.1516

๐Ÿ“ˆ 24H High: $1.2275 | 24H Low: $0.8400

Market Insights:

1. Bullish Momentum: A strong uptrend persists, with the price consolidating near $1.15 after a healthy pullback.

2. Support Zone: Robust support observed at $1.10 - $1.12, indicating a potential accumulation area.

3. Resistance Levels: Immediate resistance at $1.20, with a successful breakout targeting $1.30+ in the short term.

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Trade Levels:

Long Entry:

Buy Zone: $1.12 - $1.14

Targets: $1.20 and $1.30

Stop Loss: $1.08

Short Entry:

Sell Zone: $1.20 - $1.22 (if rejection occurs)

Target: $1.10

Stop Loss: $1.24

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Next Market Move:

Bullish Case: A breakout above $1.20 could propel the price toward $1.30 and beyond.

Bearish Case: Failure to hold above $1.15 might trigger a short-term correction toward $1.10.

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๐Ÿ’ก Pro Tip: Secure partial profits as targets are reached, and trail your stop loss to safeguard gains!

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