ENA — Another One To Break Out Soon?
Many tokens have broken out of their long-term downtrends in the last few days and pumped hard. If you missed the train, you should put ENA on your watchlist.
ENA has been on a downtrend for months but has set up a chart that screams for a breakout:
• It shortly dipped below the crucial level at 0.3 and formed a perfect bottom.
• After reclaiming the 0.3 level, it retested it again — this time successfully.
• Right now, the token made its first attempt to break out of the descending channel.
Given the current market continues to show strengths, we should see a breakout shortly.
If ENA breaks out, the price should rise rapidly. The first target is 0.67, while the stronger resistance is at $1.
