šLONG: $ENA (1D)
#ENAUSDT | #ENA | #Ethena
Current Price $1.20
Market Cap $3.64B
Change 1h -0.60% | 24h +1.80%
Daily Indicators:
ā¢ RSI: 61 - Neutral š
ā¢ MACD: 0.05 - Bullish š¢
ā¢ EMA: 1.00 - Trading Above š¢
Analysis: The ENAUSDT chart seems to be forming a cup and handle pattern, suggesting a potential breakout. If the pattern completes, it might signal a bullish momentum. Keep an eye on the downtrend reversal, as this pattern often indicates the start of an upward climb.
Price Targets: Looking at the chart, a successful breakout could push the price toward the area around $2.10. Current resistance is near $1.30, so watch for movement past this point to confirm the pattern's strength.
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