ENA Market Analysis🚩
Yesterday, the ENA daily line reached a high of 1.14 before pulling back, ultimately closing near 1.05. The support below is at the MA14 moving average, and if it breaks below, it may test the 0.88 area, where buying opportunities may arise. The MACD indicator shows that bullish strength is gradually weakening, and a death cross signal is starting to appear.
On the four-hour chart, the MA60 forms support below, and if broken, it may test the MA120, which could also be considered for buying. The MACD bullish momentum continues to shrink, and the death cross pattern is becoming more pronounced. From a medium-term perspective, around 0.882 presents a good buying opportunity, with rebound targets expected to reach the 1.22 to 1.45 range.