Technical Analysis for $ENA /USDT - Key Levels to Watch 🎯🎯🎯🎯🚀🚀🚀

Looking at the recent price action of ENA/USDT, we are seeing some significant movement with price fluctuations. Let’s break down the key levels and identify three potential targets 🎯 for traders.

📊 Current Price: $1.06 (Down 10.08%)

Key Support & Resistance Levels:

Support Level: $0.9901 (24h Low) – This is a crucial support zone where the price has recently bounced. If it holds, we could see a potential reversal.

Resistance Level: $1.2156 (24h High) – Watch for a breakout above this level, which could trigger further bullish momentum.

🎯 Target 1: $1.15

A break above the $1.10 resistance could push the price towards $1.15, where we might encounter some selling pressure. Watch for volume confirmation on the breakout.

🎯 Target 2: $1.20

If ENA manages to hold above $1.15, the next target is $1.20. This is a significant resistance area, and a successful test of this level could lead to further bullish continuation.

🎯 Target 3: $1.25

On a strong uptrend, $1.25 could be the next key target. Watch for a breakout of the $1.20 zone, supported by strong buying momentum.

📉 Key Risk Area:

If ENA drops below $0.99, the price could retest the $0.90 level, indicating a possible trend reversal.

💡 Strategy:

Watch for support at $0.99 and resistance at $1.2156. Consider entering long positions on breakouts above these levels, or waiting for confirmation at support for safer entries.

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