📉$ENA ENA/USDT Market Update
🚨 Current Price: $1.0834 (-9.90%)
📊 24H Range: $1.0765 - $1.2105
📈 Volume: 144.52M ENA
ENA is experiencing a downward momentum, with a significant drop observed in today's trading session.
Technical Analysis:
The EMA(7) at $1.1128 is diverging further below EMA(25) and EMA(99), signaling persistent bearish pressure.
Key support at $1.0765 was recently tested, and failure to hold may lead to further declines.
Resistance lies at $1.1509 (EMA(25)), which must be reclaimed for signs of recovery.
What’s Next?
Bearish Outlook: A breakdown below $1.0765 could see ENA heading toward $1.0500 levels.
Bullish Reversal: Climbing above the EMA(25) could reignite positive momentum and target $1.1200.
Stay vigilant and monitor volume closely as the market reacts to current conditions.
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