$ENA
/USDT Technical Analysis: Key Levels to Watch đŻ
As ENA/USDT continues to show strong bullish momentum, we're observing some key levels that traders should keep an eye on for the next possible moves. Here's the technical breakdown:
Current Price: $1.1615 (+6.63%)
24h High: $1.1639 | 24h Low: $1.0050
Target 1: $1.18 - Immediate Resistance
The price is approaching the $1.18 level, which has previously acted as a strong resistance point. A successful breakout above this zone could open the door for more upside potential.
Target 2: $1.25 - Medium-Term Target
If the bullish momentum continues, we could see a push towards $1.25. This level aligns with previous highs and serves as a critical point for further gains.
Target 3: $1.30 - Long-Term Potential
Looking beyond short-term price action, $1.30 could be a significant long-term target. A solid breakout past this level would indicate a sustained upward trend and could trigger additional buying pressure.
Key Support: $1.12
The immediate support level sits around $1.12. If the price retraces, this area could provide a solid foundation for a bounce back.
Stay tuned for more updates and keep an eye on these levels! đ
Please note: Technical analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own research before making any trading decisions.
This post highlights potential price targets while keeping it engaging for the Binance community. Let me know if you need any adjustments!