$ENA /USDT ALERT: Will $0.555 Be the Bounce Back Zone❓
$ENA is currently trading at $0.555, down by 15.45%, with bears dominating the session. The price has touched a low of $0.5476, reflecting mounting pressure at key levels.
Key Levels to Watch:
Resistance: $0.5610 – A breakout here could push ENA towards $0.5750 and $0.5900.
Support: $0.5470 – A breakdown below this level might drive the price to $0.5300 or lower.
Trade Setup:
Long Entry: Above $0.5610, aiming for $0.5750 and $0.5900.
Short Entry: Below $0.5470, targeting $0.5300 and $0.5200.
Stop Loss: $0.5550 for both trades.
Market Insight:
With RSI at 42.64, ENA is entering a neutral territory but faces challenges from bearish momentum. A breakout above $0.5610 may indicate bullish recovery, while a slip below $0.5470 could signal further downside.
#ENATrading