I said yesterday ena will continue to consolidate between 0.452- 0.484 level
https://app.binance.com/uni-qr/cart/11351853361450?r=733506141&l=en&uco=4BZP7fczxs4OCgkav5W6tA&uc=app_square_share_link&us=copylink
Look at my article above and post time then drop the coin i shiuld analyse to you.

Nothing i share is financial advice
Based on 1hr and 15 minltes chart, here’s an analysis of the possible price movements for $ENA

### **Observations:**

#### **EMA (Exponential Moving Averages):**
- **Short-term (7 EMA)**: 0.453
- **Medium-term (25 EMA)**: 0.455
- **Long-term (99 EMA)**: 0.453

#### **Indicators:**
- **RSI (Relative Strength Index):**
- Around 39.8 on the 1-hour chart.
- Around 40.5 on the 15-minute chart.
- **MACD (Moving Average Convergence Divergence):**
- Histogram shows slight convergence, indicating potential change in momentum.
- DIF and DEA lines are close to each other, suggesting consolidation.

### **Analysis:**

1. **EMA Trends:**
- The price is hovering around the short and long-term EMAs, indicating a neutral to slightly bearish trend in the short term.
- The convergence of EMAs suggests consolidation, with neither bulls nor bears in clear control.

2. **RSI Levels:**
- An RSI around 40 suggests that the asset is neither overbought nor oversold, leaning towards the lower end of the neutral zone.
- This could imply a potential for upward movement if buying pressure increases, but it’s not yet at an oversold level that typically signals a strong buy opportunity.

3. **MACD Insights:**
- The MACD histogram’s slight positive shift could indicate a potential bullish crossover, but the proximity of the DIF and DEA lines suggests a weak signal.
- Watch for a decisive MACD crossover for a clearer indication of momentum.

### **Possible Price Movements:**

1. **Bullish Scenario:**
- If the price breaks above the 7 and 25 EMA decisively, it could target the recent high around 0.517.
- RSI moving towards 50-60 would support this upward movement.
- A bullish MACD crossover would further confirm upward momentum.

2. **Bearish Scenario:**
- If the price fails to hold above the 0.452-0.453 level (current EMA levels), it could retest the recent low around 0.413.
- RSI dropping below 30 would signal increased selling pressure and potential further declines.
- A bearish MACD crossover with increasing negative histogram bars would confirm downward movement.

3. **Sideways/Consolidation:**
- Given the convergence of EMAs and the neutral RSI, the price might continue to consolidate within the 0.452-0.484 range.
- In this case, the market is likely waiting for a stronger catalyst to define the next trend direction.

### **Conclusion:**
Monitor key levels:
- Resistance at 0.517.
- Support at 0.413.

Pay close attention to RSI and MACD signals for clearer indications of momentum shifts. The current consolidation phase suggests a potential breakout, but confirmation is needed from indicators and price action.
Personal opinion if btc remains bullish then ena will rise past 0.517 otherwise ena will remain neutral

One of the reason people are always in loses and face liquidation risk is not knowing when the trend changes from bullish to bearish and vice versa. I included, i always make loses only when the trend changes from bullish to bearish. For now bitcoin has broke the 64500 mark and thus no big consolidation to 60k as people are saying. The peogle advocating that the market will correct are people who opened shorts and now want to dwell in a belief and not on analysis. The altcoins are now ripping with most on +10%increase. If the market consolidate both the bears and bulls will benefit since the bulls will close their position and open shots and the bears losses will reduce and thats not hiw the market works. In the market the are always losers and its upon you to decide which level of loser you are by accepting your losses at key critical turnovers. At the current state the market is bullish and if there is to be a colletion it will be on early friday and the btc will have hit 67k+ thus liguidating almost all shorts. $BTC $ENA #acceptyourlosses

Please follow its the list you can do to me.

I will be doing live trading on youtube am liiking to incoporate it on binance too.

$ENA has having random trend with investors di ided either to buy, hold or sell. Lets check the aim of ENA coins aim is to attain a minimum stability while gaining its value thus the current gained stability is 0.88$. But why rise and fall unpredictably. Some will say its the nature of crypto others will say the big whales sold their ENA. Whats your view?
Mine is JUST BUY AND HOLD $ENA as we target $1.5 and $2 by may 30th or before.

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