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#ENA on Fire❗ Will It Soar to $0.80 or $1 in March, or Face a Pullback❓
$ENA is showing strong momentum, currently trading at $0.4073 with a solid recovery from its recent low of $0.3370. With increasing volume and bullish sentiment, can
#ENA push towards $0.80 or even $1 this month, or is a correction on the horizon❓
$ENA /USDT – Strong Rebound, But Can It Hold❓
$ENA is trading at $0.4073, up 6.01% in the past 24 hours. The price recently hit a high of $0.4119 but faced resistance, leading to a minor retracement. With increasing buying pressure, will ENA sustain its rally or face rejection?
Key Levels to Watch
Resistance: $0.4119 – A breakout above this could push ENA toward $0.4350 and $0.4480.
Support: $0.3613 – Losing this level may lead to a drop to $0.3370 and $0.3200.
Market Insights
MACD: Bullish crossover, indicating potential upside momentum.
SAR: Uptrend forming, signaling a recovery phase.
Volume: Buyers gaining control, but caution is needed near resistance.
Trade Setup
Long Entry: Above $0.4120, aiming for $0.4350 and $0.4480.
Short Entry: Below $0.3613, targeting $0.3370 and $0.3200.
Stop-loss: $0.3500 to limit downside risk.
ENA is showing signs of a strong recovery, but traders should watch key resistance levels for confirmation of further upside.