📈
$ENA /USDT Market Update – $0.4588 (+16.03%)
📌 Current Price: $0.4588
📌 24H High: $0.4713
📌 24H Low: $0.3851
📌 24H Volume: 242.10M ENA / 103.59M USDT
📊 Technical Analysis
✅ Support Levels:
$0.4483 → Immediate support
$0.4353 - $0.4223 → Key support zone
$0.4093 → Strong support
🚀 Resistance Levels:
$0.4713 → Immediate resistance (24H high)
$0.4743 - $0.4800 → Breakout levels
$0.5000+ → Major psychological resistance
📉 Indicators & Trend Analysis
🔹 RSI: Near overbought, indicating strong bullish momentum
🔹 MACD: Positive crossover, suggesting continued upward trend
🔹 Bollinger Bands: Price near the upper band, signaling possible breakout or correction
📈 Trading Strategy
📌 Bullish Scenario:
A breakout above $0.4713 could push ENA towards $0.4800 - $0.5000
If momentum continues, next target is $0.5200+
📌 Bearish Scenario:
Losing $0.4483 may lead to a drop towards $0.4353 - $0.4223
Breaking below $0.4093 could signal a deeper correction
⚠️ Risk Management:
🔹 Stop-loss: Below $0.4350
🔹 Take profit: $0.4740 - $0.5000+
🔍 Final Thoughts
ENA/USDT is displaying strong bullish momentum, with a key resistance at $0.4713. A breakout could drive further gains, while $0.4483 is the key support to watch.
#Crypto #ENAUSDT #DeFi #Altcoin