$ENA /USDT Navigating Key Decision Points
Current Price: $0.7143
Time Frame: 15 Minutes
Bullish Scenario:
$ENA is currently testing a critical zone near $0.7143. A strong bounce from this level could signal a bullish move. Traders may consider entering a long position around $0.7160 with targets at $0.7230 (TP1), $0.7300 (TP2), and $0.7350 (TP3). To protect against downside risks, a stop-loss can be placed at $0.7080. Sustained buying interest above $0.7160 could pave the way for further gains.
Bearish Scenario:
If ENA fails to hold above $0.7140, a bearish breakdown could follow. A short position can be initiated around $0.7130, targeting $0.7080 (TP1), $0.7030 (TP2), and $0.6980 (TP3). A stop-loss at $0.7180 will help manage the risks of unexpected reversals.
Traders should watch the $0.7080 support and $0.7160 resistance levels closely, as they hold the key to determining the next major move in ENA/USDT. Plan your entries and exits carefully to capitalize on this market setup.