$ENA /USDT Technical Analysis & Targets
Current Price Action: $ENA /USDT is trading at $1.1768, posting a 21.43% gain in the last 24 hours. The pair is maintaining strong bullish momentum, consolidating near key resistance levels.
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Key Levels:
1. Target 1: $1.2000
The first resistance is $1.2000, a short-term psychological barrier. Breaking this level with volume could lead to further upside.
2. Target 2: $1.2500
The next significant resistance lies at $1.2500, marking a key level for medium-term traders looking for additional profit opportunities.
3. Target 3: $1.3000
Sustained buying pressure beyond $1.2500 can push ENA toward $1.3000, which is a critical psychological and technical resistance.
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Trading Strategy:
Entry Zone: Look for entries around $1.1500–$1.1750.
Take Profit Levels:
30% at $1.2000
50% at $1.2500
Final 20% at $1.3000
Stop-Loss: Place below $1.1000 to mitigate downside risks.
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Outlook:
ENA/USDT has shown 128.43% growth over 30 days and an impressive 324.69% over 90 days, indicating strong investor interest and sustained bullish sentiment. With today’s 6.70% intraday gain, the pair remains poised for further upward movement, provided it holds key support levels.