Uptrend Confirmation: $ENA USDT Analysis 📈🔥💯
The recent price break above the resistance area defined at $1.05 has confirmed the uptrend of ENAUSDT. The current price is $1.1217 (+1.58%), indicating strong upward momentum.
Next Target and Stop Loss:
• Target 1: $1.20 (Short-term)
• Target 2: $1.35 (Medium-term)
• Stop Loss: $1.03 (To protect against unexpected pullbacks)
Key Notes:
• A break above the purple resistance area indicates renewed buying interest.
• A retest of $1.05 before further upside could provide another entry point.
• Volume supports the upside move, adding confidence to the uptrend.
Action Plan:
1. Entry: Ideally at current levels or during pullbacks around $1.05.
2. Profit Lock: Consider booking partial profits at $1.20.
3. Long-Term Hold: Maintain positions above $1.03 for further upside potential.
Stay disciplined with your risk management and watch for any changes in market sentiment.
ENA
1.1289
+11.5