šŸš€ $ENA /USDT Technical Analysis & Trade Signal: Ride the Bullish Momentum! šŸŽÆ

Current Price: $1.0326

Trend: Bullish (13.76% increase in the last 24 hours)

Key Technical Indicators:

Support Level: $0.8939 (24h low)

Resistance Level: $1.0356 (24h high)

EMA (Exponential Moving Average): Price above the 20 EMA, signaling bullish momentum.

RSI (Relative Strength Index): RSI at 65, showing strong bullish conditions but nearing overbought.

Trade Signal:

Entry Point: Buy near $1.03 for optimal risk-to-reward balance.

Target Levels šŸŽÆ:

1. First Target: $1.10 ā€“ Psychological resistance, ideal for partial profits.

2. Second Target: $1.18 ā€“ Major resistance zone, watch for price action here.

3. Third Target: $1.25 ā€“ Extended target based on bullish momentum.

Trade Momentum:

Strong bullish momentum continues, but expect possible pullbacks near $1.05-$1.06. Buy on dips near $1.03 for further upside.

Risk Management:

Stop Loss: Set below $0.95 for protection.

Target 1: Take partial profits at $1.10.

Target 2: Final profit target at $1.18.

Stay alert and capitalize on this bullish trend! šŸš€

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