$ENA

ENA/USDT Point Analysis and Long/Short Direction Prediction

Current Price 1.2034, ENA shows a rapid rebound, market bullish sentiment is strong, but there is still certain pressure from the recent high of 1.3300.

Key Levels

1. Support Level:

• 1.1200 (Short-term Support): MA(7) moving average position, breaking below may retest 1.0000.

• 1.0000 (Psychological Support): Important support level for market correction.

2. Resistance Level:

• 1.2500 (Short-term Resistance): Price approaches recent high transaction area.

• 1.3300 (Previous High): After breaking, may challenge 1.4000.

Long/Short Direction Prediction

• Bullish: If it stabilizes above 1.1200 and breaks 1.2500, it is expected to further explore 1.3300, or even create a new recent high.

• Bearish: If the rebound encounters resistance and breaks below 1.1200, it may correct to 1.0000 or lower.

Operation Suggestions

• Short-term Long Position: Build long positions in the 1.1200-1.1500 area, target 1.2500-1.3000, stop loss set below 1.1000.

• Short-term Short Position: If the price rebounds to around 1.2500 and faces pressure, consider trying short positions, target 1.1500, stop loss set above 1.2800.

It is recommended to strictly control positions, closely monitor price changes at key levels, and avoid risks brought by market volatility.