$Ena
1. Technical Analysis:
• The chart shows a Falling Wedge formation, which is a bullish formation in most cases, indicating a possible breakout to the upside.
• The Target is already marked on the chart
2. Key Levels:
• Support Level: around 0.9087 (blue level).
• Resistance Level: the zone above 0.9603, which must be broken to confirm the rise.
3. Volumes and Momentum:
• Check the trading volumes at the current level. A breakout with high volumes increases the chances of realizing the target.
• If the chart shows increasing volume after breaking out of the wedge, this may confirm further growth.
4. Macroeconomic and News Factors:
• If ENA depends on news, events or external conditions, consider their influence.
• Check the fundamental reasons for the rise.
5. Risks:
• If the price breaks support downwards (0.9087), this may invalidate the bullish scenario.
Forecast:
If the “Falling Wedge” formation is confirmed and the price breaks resistance around 0.9603, ENA may rise to the target level (Target), which is indicated on the chart. It is important to monitor volumes and candlestick patterns to confirm the trend.
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