$ENA
ENA /USDT Analysis💹🏆
Current Price: $0.5868 (+9.66%)
24h High: $0.5950
24h Low: $0.4964
Volume:
ENA: 155.76M
USDT: $84.33M
Moving Averages (MA)
MA(7): $0.5807 (short-term support, price slightly above).
MA(25): $0.5530 (mid-term support).
MA(99): $0.5293 (long-term support, confirming bullish trend).
The price is trending above all key MAs, highlighting strong bullish momentum.
Key Levels
Support Levels:
Immediate Support: $0.5807 (MA(7)).
Strong Support: $0.5674 (recent consolidation).
Critical Support: $0.5530 (MA(25)).
Resistance Levels:
Immediate Resistance: $0.5950 (24h high).
Key Resistance: $0.5994 (psychological and depth level).
Extended Resistance: $0.6200 (potential breakout zone).
Trading Strategy
#TradingTip #TradingStrategies💼💰
1. Targets
Bullish Scenario:
If price breaks above $0.5950:
First Target: $0.5994.
Second Target: $0.6200.
Extended Target: $0.6400.
Bearish Scenario:
If price falls below $0.5807:
First Target: $0.5674.
Second Target: $0.5530.
Further Target: $0.5293 (MA(99)).
2. Stop-Loss Levels
For Long Positions: Below $0.5807 (e.g., $0.5790).
For Short Positions: Above $0.5950 (e.g., $0.5965).
3. Indicators to Watch
Volume: High volume (155.76M ENA) indicates strong market interest. A volume spike near $0.5950 could signal a breakout.
Trend: The price remains in a bullish trend with strong momentum above moving averages.
Outlook
Bullish Case: A breakout above $0.5950 may target $0.6200 or higher.
Bearish Risk: A drop below $0.5807 could lead to a pullback toward $0.5674 or $0.5530.#COSSocialFiRevolution #TraderEducation #ENA智能策略库🥇🥇 $ETH