$ENA /USDT Technical Analysis
Current Price: $1.0347 (-0.74%)
24H Range: $0.9917 - $1.1154
Volume: 205.92M ENA
Key Insights:
$ENA /USDT is currently in a correction phase, consolidating above $1.0300 support.
Strong bullish momentum observed from $1.0000 indicates a potential for retesting higher resistance levels.
🎯 Targets:
1. Target 1: $1.0600
Rationale: Immediate resistance zone from recent price action.
Action: Consider securing partial profits here.
2. Target 2: $1.1000
Rationale: Key psychological resistance level in line with 24H high.
Action: Hold positions if momentum sustains above $1.0600.
3. Target 3: $1.1500
Rationale: Major resistance level, representing a breakout opportunity.
Action: Full profit-taking advised at this point.
🔑 Strategy:
Stop Loss: Place below $1.0000 to minimize downside risk.
Indicators to Watch: Observe volume spikes and MACD crossovers for confirmation of bullish momentum.