Technical Analysis: $ENA
/USDT – Key Levels to Watch
As ENA/USDT shows bullish momentum, here’s a breakdown of the key levels to monitor:
1. Support Zone: $1.15
The price is holding strong above the $1.15 level, which has proven to be a solid support. A break below this could indicate a potential downtrend, so it’s important to watch for price action here.
2. Resistance Target 1: $1.20
The first major resistance lies around $1.20. If ENA continues its upward momentum, this level could act as a key barrier to further gains. Traders should watch for a breakout or a potential rejection at this point.
3. Resistance Target 2: $1.25
If the price surpasses $1.20, the next target is $1.25. This level represents the next significant resistance zone, and a breakout above could signal a strong continuation of the bullish trend.
Current Price: $1.1689 (+0.23%) 24h High: $1.1999
24h Low: $1.0050
Keep monitoring these key levels for potential trade opportunities. Always ensure to use proper risk management!
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