$ENA /USDT Ready for Action: Potential Breakout in Play! 🔥💯
Current Price: $1.1383 (+3.51%)
$ENA continues to trade within an ascending channel on the 30-minute chart, signaling bullish momentum. With support near $1.1000 and resistance at $1.3000, a decisive move could be on the horizon.
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🔍 Key Levels to Watch:
Resistance:
$1.1500 (near-term)
$1.3000 (channel top)
Support:
$1.1000 (trendline support)
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📈 Trading Opportunity:
Entry Point: Around $1.1270–$1.1300
Target Levels:
$1.1500 (short-term)
$1.2000–$1.3000 (medium-term)
Risk Management:
Set tight stop-loss below $1.1000.
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⚠️ Caution:
Monitor for rejections near resistance, particularly at $1.1500 or $1.3000.
Secure partial profits as price nears key resistance levels to manage risk.
While the ascending channel favors upward moves, corrective dips are still possible.
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Stay alert—$ENA is building momentum, and a breakout could be imminent! 🚀