suggested technical analysis post for Binance, focusing on three target price levels for ENA/USDT:
🚀 Technical Analysis: $ENA
/USDT – Key Levels to Watch 🎯
The ENA/USDT pair is showing strong momentum, having gained +8.71% in the last 24 hours. Let’s break down the key technical levels to focus on for potential moves in the coming days.
📊 Current Price: $1.0581
Target 1 – $1.08
The first major resistance level is at $1.08, a level that has been tested in the last 24 hours. If the price breaks through this level, it could open the door for further gains.
Target 2 – $1.10
A breakout above $1.10 could signal an uptrend continuation. Watch for volume confirmation to gauge the strength of this potential move.
Target 3 – $1.15
A move to $1.15 would be the next significant resistance level. If the bulls manage to sustain momentum above $1.10, reaching this target could be on the horizon.
🔍 Support Level – $0.97
If the price revisits its recent low, support around $0.97 could provide a solid base for a potential rebound.
Stay tuned for more updates, and remember, always keep risk management in mind when trading! 🚀📈
#Binance #CryptoAnalysis #ENA #CryptoTrading #TechnicalAnalysis