š $ENA
/USDT Technical Analysis: Potential Price Targets for 2024 š
š Current Price: $0.6324
The ENA/USDT pair has seen significant movement over the past 24 hours, with a solid +9.36% increase. As we assess the charts, here's a breakdown of potential targets to keep an eye on:
šÆ Target 1: $0.6500
This is the recent 24-hour high and a crucial resistance level. If ENA manages to break above this price point, we could see further upward momentum toward higher targets.
šÆ Target 2: $0.7000
A key psychological level. If ENA can maintain the bullish trend and close above $0.6500, the next target would be $0.7000, where we may encounter some resistance before a potential breakout.
šÆ Target 3: $0.7500
The final target in this bullish scenario. If the market sentiment remains strong and ENA continues its upward trend, $0.7500 could be reached as a major level of resistance.
š Key Levels to Watch:
Support Level: $0.5558 (24h low)
Resistance Level: $0.6500 (24h high)
š Time Frames to Watch:
Short-Term (15m): Minor fluctuations with possible retests around $0.6324.
Medium-Term (1h): Consolidation could occur near current levels before a breakout.
Long-Term (1D): Strong upward potential if the bullish trend holds.
š Market Sentiment: Bullish momentum has been building, with solid buy orders at 8.87% depth, suggesting strong demand.
As always, remember to manage your risks and trade wisely! š
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