$ENA A/USDT Analysis

Elrond Name Service (ENA) is forming a cup & handle pattern on the 2-day timeframe,

a strong bullish setup that signals potential for a significant price surge!

Key Observations:

1. Bullish Pattern in Play:

The cup & handle is a classic breakout pattern,

indicating buyers are gaining control.

2. Support & Resistance Levels:

Immediate support: $1.10

Key breakout level: $1.30

3. Breakout Targets:

$1.53

$1.90

$2.50

4. Volume Confirmation:

Watch for a breakout above $1.30 with high volume to confirm the move.

Suggested Next Moves:

For Aggressive Traders:

Enter on a breakout above $1.30,

with a stop-loss near $1.20.

For Conservative Traders:

Wait for a retest of the breakout level ($1.30) for safer entry.

This cup & handle pattern signals bullish momentum—stay focused as ENA could be primed for a strong rally!

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