$ENA /USDT Analysis: Bullish Reversal in Progress

The market has confirmed a bullish reversal after a sharp dip, with current price action signaling strong upward momentum. This creates a favorable entry opportunity for traders looking to capitalize on the trend.

Suggested Long Position:

Entry Zone: $0.9500 - $0.9600

Targets:

First Target: $0.9800

Second Target: $1.0000

Stop Loss: $0.9400

Observations:

The breakout is supported by increasing volume and consistent higher highs on the 15-minute timeframe, indicating sustained bullish momentum.

Maintain proper risk management by adjusting your stop loss as the price approaches the target levels to lock in profits and mitigate risk.

Monitor closely for any signs of resistance near the $1.0000 mark, as psychological levels often trigger pullbacks.

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