$ENA

ENA/USDT Technical Analysis - Price: $0.9534

ENA is currently trading at $0.9534, showing strong signs of consolidation. The price has been bouncing between $0.9000 and $1.0000 for the past few sessions, creating a well-defined support at $0.9000. This level has proven to be a strong base for buyers, making it an ideal zone to watch for potential entries.

The key resistance is located at $1.0000, where selling pressure has consistently emerged. A break above this resistance could signal a bullish breakout, with the next potential target at $1.0500 or even higher if momentum builds.

Entry Strategy: For traders looking to enter, consider placing a buy order near the $0.9200–$0.9400 range, ideally near the support zone. Set a stop loss below $0.9000 to manage risk effectively. If the price breaks above $1.0000, traders can look for a breakout and consider entering for a potential move higher.

Monitor price action closely around these levels, as ENA could be setting up for a significant move in either direction.

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