Technical Analysis & Trade Signals for $ENA

/USDT

Momentum Overview:

Current Price: $1.2028 (+16.88%)

Momentum: Strong bullish trend with high volume support.

Key Levels:

1. Support: $1.18 (recent pullback zone).

2. Resistance: $1.25 (24h high and key breakout level).

Trade Signals & Targets:

Entry Zone: $1.18 - $1.20

Targets:

🎯 Target 1: $1.25 (short-term resistance).

🎯 Target 2: $1.30 (psychological and technical level).

🎯 Target 3: $1.35 (extension target).

Stop-Loss: Below $1.10 (previous low).

Momentum Assessment:

Trend: Strong uptrend on all timeframes.

Volume: Increasing, confirming bullish sentiment.

Recommendation: Look for price to sustain above $1.20 for confirmation. Enter on pullbacks and monitor resistance at $1.25 for potential breakout. Adjust stop-loss and targets based on price action.

#BIOOpenonBinance #USJoblessClaimsDrop #XRPBackInTop3 #MicroStrategyStockSale #DEXVolumeRecord