šŸš€ Technical Analysis: $ENA /USDT

Current Price: $1.0387 (+0.78%)

Timeframe: 30-min chart (Binance)

šŸŽÆ Key Targets:

1. Target 1 (Immediate Resistance): $1.05

A breakout above this level could attract short-term buyers, boosting momentum.

2. Target 2 (Mid-Term Resistance): $1.08

Sustained buying pressure might push the price toward this mid-term level, a key profit-taking zone.

3. Target 3 (Major Resistance): $1.10

A breakout above this psychological level would confirm a bullish trend and open the door for further gains.

šŸ”» Support Zones:

Immediate Support: $1.02

Holding this level is crucial to maintain the current bullish sentiment.

Critical Support: $1.00

A breach below this level may signal further downside pressure and invalidate the bullish setup.

šŸ“ˆ Strategy:

Entry Zone: Look for entries near $1.02ā€“$1.03 or after confirmation above $1.05.

Profit Zones: Secure partial profits at $1.05, $1.08, and $1.10.

Stop Loss: Place below $1.00 to manage downside risks effectively.

šŸ” Insights:

Trend: Consolidating near support, with potential for a bullish breakout.

Volume Analysis: Increased buy volume will confirm upward momentum.

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