$ENA /USDT Breakout Potential: Eye on Key Levels! š„šÆ
$ENA is trading at $1.1358, reflecting a solid upward trend in the 30-minute chart. The pair has gained +5.23% in the past session, with strong bullish momentum maintaining its position within a rising channel.
š Key Levels to Watch:
ā¢ Immediate Resistance: $1.1500
ā¢ Next Target: $1.1990 (24h High)
ā¢ Support Zone: $1.1100
š Trade Setup:
ā¢ Entry: Consider entering around $1.1350 for a potential breakout.
ā¢ Targets:
ā¢ Target 1: $1.1500
ā¢ Target 2: $1.1800 for extended gains.
ā¢ Stop-Loss: Set below $1.1100 to manage risk effectively.
The ascending channel offers both short-term and mid-term opportunities. Keep a close eye on the $1.1500 resistance as a breakout could signal further upside potential. Secure partial profits at the first target and trail stops to maximize gains.