🚀 Technical Analysis for $ENA /USDT 🚀
Current Price: $0.9910 (down 9.50%)
The ENAUSDT pair has been showing some interesting price action recently, and here’s a breakdown of what we could expect based on the technical analysis:
📈 Price Targets 🎯
1️⃣ Target 1: $1.10
After bouncing off the 24h low of $0.9900, the market seems to be testing the $1.00 resistance zone. If it holds, a rally towards $1.10 could be possible, where it may face additional resistance.
2️⃣ Target 2: $1.15
Should ENA continue its momentum, $1.15 is a key resistance level. A break above this could signal further bullish movement, potentially touching $1.18.
3️⃣ Target 3: $1.20
For the more aggressive bulls, $1.20 is a critical psychological level. If price action breaks through this resistance, we may see a significant upward trend.
🔑 Key Levels to Watch:
Support: $0.9900
Resistance: $1.10, $1.15, $1.20
📊 Volume Analysis: With a 24h trading volume of 366.76M USDT, the liquidity is solid, but any major fluctuations in volume could indicate shifts in momentum.
💬 Stay tuned for more updates, and always trade with caution.
Good luck, and happy trading!
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