$ENA
#CorePCESignalsShift **ENA/USDT**
### Observations:
1. **Current Price**: 1.1736 (up 15.08%).
2. **Indicators**:
- **EMA(7)**: 1.1841 (short-term trend).
- **EMA(25)**: 1.1619 (medium-term trend).
- **EMA(99)**: 1.0690 (long-term trend).
3. **Volume**: Increased significantly, especially at the last bullish candle, indicating strong buying interest.
4. **Resistance**: 1.2275 (recent high).
5. **Support**: 1.0524 (previous low).
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### Analysis:
1. **Trend**:
- Short-term trend (EMA7) is above medium-term (EMA25) and long-term (EMA99), indicating an **uptrend**.
- Current price is slightly below EMA7, signaling potential **consolidation or pullback**.
2. **Volume Analysis**:
- Recent volume spikes suggest strong market interest; however, the drop in volume after the peak indicates reduced momentum.
3. **Key Levels**:
- **Resistance**: 1.2275 – Breaking this level could confirm bullish continuation.
- **Support**: 1.1619 (EMA25) and 1.0524 (previous swing low).
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### Trade Signal:
- **Buy Signal**: Enter near 1.1619 (EMA25) with strong confirmation (bullish candle or increased volume).
- **Sell Signal**: If price closes below EMA25 or breaks below 1.0524.
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### Stop Loss (SL) & Take Profit (TP):
1. **SL**: Below key support at 1.0524 (suggested: 1.0480).
2. **TP**:
- First Target: 1.2275 (local high/resistance).
- Second Target: 1.3000 (psychological level).
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### Contingency Plan:
- If price fails to hold EMA25, consider exiting or waiting for consolidation around 1.0524. Monitor volume and momentum to confirm the trend.