đ Technical Analysis for $ENA /USDT đ
Current Price: $0.9910 (down 9.50%)
The ENAUSDT pair has been showing some interesting price action recently, and hereâs a breakdown of what we could expect based on the technical analysis:
đ Price Targets đŻ
1ïžâŁ Target 1: $1.10
After bouncing off the 24h low of $0.9900, the market seems to be testing the $1.00 resistance zone. If it holds, a rally towards $1.10 could be possible, where it may face additional resistance.
2ïžâŁ Target 2: $1.15
Should ENA continue its momentum, $1.15 is a key resistance level. A break above this could signal further bullish movement, potentially touching $1.18.
3ïžâŁ Target 3: $1.20
For the more aggressive bulls, $1.20 is a critical psychological level. If price action breaks through this resistance, we may see a significant upward trend.
đ Key Levels to Watch:
Support: $0.9900
Resistance: $1.10, $1.15, $1.20
đ Volume Analysis: With a 24h trading volume of 366.76M USDT, the liquidity is solid, but any major fluctuations in volume could indicate shifts in momentum.
đŹ Stay tuned for more updates, and always trade with caution.
Good luck, and happy trading!
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