🚨 ENA/USDT Analysis: Bullish Retracement Opportunity 🚨
ENA is retracing to a key support level, indicating a potential buying opportunity for bulls. Here's what you need to know:
📉 Current Support: $0.882 (mVAL)
📊 Resistance Levels:
Immediate: $0.977 (mVAH)
Major: $1.064 and $1.187
📈 RSI Analysis: RSI around 61.56, suggesting moderate bullish momentum
🕒 Key Zones to Watch:
Support Zone: $0.882
Potential Entry Point: Around support level for a low-risk buy opportunity
🔍 Market Sentiment: Bullish if support holds
💡 Strategy: Consider placing buy orders around $0.882 with targets at $0.977 and $1.064. Tight stop-loss just below support level to manage risk.
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