$ENA Analysis Updates
ENA definitely caught my attention.
ENA just jumped out of a strong trend line and has achieved a 70% increase in two weeks. It started at $0.2137 and today is $0.3642.
Let's take a closer look at it.
2024 April $ENA was listed on major exchanges at around $0.6, and then as the market heated up, it was pushed to around $1.52 in two weeks, and then it fell.
In the first week of this month,September, ENA began to wake up from hibernation.
From a long-term investment perspective, ENA is only beginning to resurrect. Looking at the weekly chart, if I am correct, it has the potential to return to $1.52, or even higher, perhaps around $2 (see pic1).
If, and if, I am correct again, then this entire journey of ENA will bring a 10x return. This process may take 3 to 5 months, which is also my estimate.
Next, I want to talk about short-term trading.
Today's trading, without using leverage, three orders, a total profit of 35% was achieved. ENA is very, very strong today (see pic 2).
At this moment, ENA has entered a short-term shock adjustment, and the price will fluctuate between 0.367 and 0.348(see pic3).
So what is the next target price?
I personally think that ENA's next target is to conquer around 0.48 US dollars. This may take about 1 week, or even faster.
Good luck to everyone and Happy trading.
chat next time soon.
