ENA today's market analysis is as follows:
On the 1-hour chart, the bears clearly have the advantage. But on the 2-hour chart, the appearance of purple dots hints at potential buying opportunities on the short side. Turning to the 4-hour chart, the system shows that it is currently in a callback trend.
The market's focus is on the key level of 8.072, the long-short boundary at the 4-hour level. If the price can effectively break through this level and stand firmly above 8.072, the power of the bulls will be significantly enhanced. At this time, you should pay close attention to the resistance area above. The key points include 8.350, 8.589 and 8.873.
On the other hand, if the price fails to reach 8.072, the bears may take the opportunity to counterattack. In this case, we need to be wary of the support levels below, which are 7.796, 7.522 and 7.211.
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