$ENA
ENA/USDT current price is $1.0586. The daily chart shows that after reaching a high of $1.3300, the price has retreated and is currently fluctuating above both MA(7) and MA(25). The short-term trend leans towards consolidation.
Key support levels are at $1.0100 and $0.9500, with resistance levels at $1.0950 and $1.1300. If the price can effectively break through $1.0950, it is expected to further push up to $1.1300. However, if it falls below $1.0100, it may further retrace to $0.9500.
It is recommended for short-term traders to build long positions in batches after the price breaks through $1.0950, targeting $1.1300, with a stop loss set below $1.0500; if the price falls below $1.0100, a short strategy may be attempted, targeting $0.9500, with a stop loss set above $1.0300.
The market trend is unclear, so be cautious and pay attention to changes in volume and the breakout of support and resistance levels.
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