Bullish Momentum Propels $ENA : Key Resistance Levels to Break

#ENA maintains bullish momentum, fueled by strong technical indicators. The MACD histogram stays consistently positive, reflecting steady upward momentum. The RSI sits comfortably in bullish territory, indicating sustained buying interest.

With the 9 EMA remaining above the 20 EMA, the price trend points to an ongoing bullish phase. However, slight weakening in the MACD histogram suggests caution, as momentum may be tapering off.

Key levels to monitor include support at $0.9825, $0.9786, and $0.9542, which might attract buyers if the price pulls back. Resistance at $1.0032, $1.0096, and $1.0119 could act as profit-taking zones. Long positions might be initiated on a breakout above $1.0096, targeting $1.0119. Short traders could consider entries near resistance at $1.0096 if rejection signals appear. #ethena #ethena_labs #TrendingPredictions