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$ENA /USDT 4H Chart Analysis🔥🔥
1. Current Price and Trend:
ENA/USDT is trading at $1.1790, with a sharp intraday increase of 24.03%. The pair has recently seen a significant breakout above the $1.00 support zone, indicating strong bullish momentum over the last few days.
2. Key Levels:
Resistance: $1.2304 (24H High)
Support: $1.1000 (recent consolidation area)
3. Long Entry Setup:
Entry: A long position can be considered on a pullback to the $1.12–$1.15 range, which aligns with recent support and avoids chasing highs.
Stop-Loss: Set the stop-loss just below $1.10 to protect against a breakdown.
Target: First target at $1.20 and second at $1.25.
4. Short Entry Setup:
Entry: Short positions are more appropriate if price fails to hold above $1.18 and shows rejection around $1.20–$1.23.
Stop-Loss: Place stop-loss above $1.24 to minimize risk.
Target: Target $1.12, and further downside to $1.05 if selling pressure increases.
5. Trend Bias:
Given the strong upside momentum (+435.86% in 90 days), the bias remains bullish. Look for long entries on pullbacks while cautiously watching for a rejection at resistance.
6. Conclusion:
Monitor price action near $1.18–$1.23 for confirmation. For long trades, wait for a retracement. For short positions, observe bearish candles around resistance. Trade cautiously with defined stop-losses to manage risk effectively.
#enaethena #ENAonFire #MicroStrategyJoinsNasdaq100 #bianacepoint
1. Current Price and Trend:
ENA/USDT is trading at $1.1790, with a sharp intraday increase of 24.03%. The pair has recently seen a significant breakout above the $1.00 support zone, indicating strong bullish momentum over the last few days.
2. Key Levels:
Resistance: $1.2304 (24H High)
Support: $1.1000 (recent consolidation area)
3. Long Entry Setup:
Entry: A long position can be considered on a pullback to the $1.12–$1.15 range, which aligns with recent support and avoids chasing highs.
Stop-Loss: Set the stop-loss just below $1.10 to protect against a breakdown.
Target: First target at $1.20 and second at $1.25.
4. Short Entry Setup:
Entry: Short positions are more appropriate if price fails to hold above $1.18 and shows rejection around $1.20–$1.23.
Stop-Loss: Place stop-loss above $1.24 to minimize risk.
Target: Target $1.12, and further downside to $1.05 if selling pressure increases.
5. Trend Bias:
Given the strong upside momentum (+435.86% in 90 days), the bias remains bullish. Look for long entries on pullbacks while cautiously watching for a rejection at resistance.
6. Conclusion:
Monitor price action near $1.18–$1.23 for confirmation. For long trades, wait for a retracement. For short positions, observe bearish candles around resistance. Trade cautiously with defined stop-losses to manage risk effectively.
#enaethena #ENAonFire #MicroStrategyJoinsNasdaq100 #bianacepoint
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It’s too easy guys for new users from here you can get point and earn some usdt for trading guys.
#write2earn🌐💹
Binance rejected 86% of requests by Israel to freeze Palestinian users’ crypto wallet
$BTC
BTC
Binance, the largest cryptocurrency exchange, has clarified its stance on requests from the Israeli military to freeze crypto wallets associated with Palestinians.
Nils Anderson Röed, Binance's global head of financial investigations, emphasized that the company does not simply comply with such requests without thorough investigation.
In a recent interview, he explained that Binance employs independent open-source intelligence research to verify claims made by authorities like the Israeli Defense Forces (IDF).
In late August, Binance CEO Richard Teng refuted allegations that the exchange had frozen all Palestinian wallets at the IDF's request. He revealed that the IDF had asked for over 1,500 wallets to be frozen, but upon investigation, Binance found that only about 220 of those wallets, or 14%, were linked to illicit activities as defined by international law. Only these wallets were subsequently blocked from transactions.
Röed highlighted the importance of cross-checking information, noting that there can be discrepancies between what the IDF claims and what Binance's investigations reveal.
For instance, while the IDF might associate a wallet with terrorism financing, Binance may have evidence suggesting it is linked to charitable activities. In such situations, the financial investigations team consults with legal experts and the relevant law enforcement bodies to ensure compliance with international law while protecting user rights. This approach underscores Binance's commitment to a balanced and lawful response to requests from authorities.
#Binance #BinanceSquareFamily #bianacepoint
Follow : @Anasta aliyah
BTC
Binance, the largest cryptocurrency exchange, has clarified its stance on requests from the Israeli military to freeze crypto wallets associated with Palestinians.
Nils Anderson Röed, Binance's global head of financial investigations, emphasized that the company does not simply comply with such requests without thorough investigation.
In a recent interview, he explained that Binance employs independent open-source intelligence research to verify claims made by authorities like the Israeli Defense Forces (IDF).
In late August, Binance CEO Richard Teng refuted allegations that the exchange had frozen all Palestinian wallets at the IDF's request. He revealed that the IDF had asked for over 1,500 wallets to be frozen, but upon investigation, Binance found that only about 220 of those wallets, or 14%, were linked to illicit activities as defined by international law. Only these wallets were subsequently blocked from transactions.
Röed highlighted the importance of cross-checking information, noting that there can be discrepancies between what the IDF claims and what Binance's investigations reveal.
For instance, while the IDF might associate a wallet with terrorism financing, Binance may have evidence suggesting it is linked to charitable activities. In such situations, the financial investigations team consults with legal experts and the relevant law enforcement bodies to ensure compliance with international law while protecting user rights. This approach underscores Binance's commitment to a balanced and lawful response to requests from authorities.
#Binance #BinanceSquareFamily #bianacepoint
Follow : @Anasta aliyah
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