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$ENA /USDT ALERT: Potential Reversal in Play! 🚨
Current Price: 0.9807
Support Level: 0.9500 – signaling potential bullish reversal.
Bullish Scenario: A breakout above 1.0000 could target 1.0200 and 1.0500. Stop loss for long trades at 0.9400.
Bearish Scenario: If bearish pressure persists, short entries below 0.9400 may target 0.9000 and 0.8800, with stop loss at 0.9700.
Key Insight: The price has been stabilizing, hinting at a possible bullish trend if momentum shifts favorably. Watch for price action above 1.0000.
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Additional Context:
$ENA is currently down -15.3% from its previous high.
Key Market Events: Over 570K liquidations and significant token unlocks, including APT, ADA, and ENA.
#MicroStrategyAcquiresBTC #MOVEOpening #TokenUnlocks:APT,ADA,ENA
#CryptoCandid #ENAonFire