🚀 ENA/USDT Technical Analysis - A Bullish Trend Unfolding 🚀
🔹 Current Price: $0.6388 (up +14.34% in the last 24 hours)
ENA/USDT has been showing strong bullish momentum recently, pushing through significant resistance levels and establishing a positive uptrend. With a 24h high of $0.6449 and low of $0.5245, we can identify key price levels to watch for potential entry points and price targets.
Key Support & Resistance Levels:
Support: $0.6033 (SAR Indicator suggests support at this level)
Resistance: $0.6449 (24h High)
Current Price: $0.6388 (near resistance)
Technical Indicators:
Volume: 298.32M ENA traded in the last 24 hours, indicating strong market activity.
SAR (Stop and Reverse Indicator): The current SAR level of 0.6033 suggests that ENA is in an uptrend, and any pullbacks to this level might present a buying opportunity.
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🎯 Target Levels:
1. Target 1: $0.6499 (Near Resistance)
This is a key resistance level that has been tested multiple times. If ENA breaks above this level with strong volume, we could see a continuation of the uptrend toward higher targets.
2. Target 2: $0.6700
This is the next psychological resistance level, where the price could encounter selling pressure. However, if the bulls maintain control, this target is within reach in the coming days.
3. Target 3: $0.7000
A longer-term target for ENA, assuming the bullish trend continues. A breakout past the $0.6700 level could propel the price further toward the $0.7000 mark.
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