ENA is forming a bullish pennant pattern on the 3-hour chart, indicating potential continuation of its upward trend. With the price consolidating at $0.4010, the setup suggests a strong breakout opportunity.
🔑 Key Levels:
• Resistance: $0.4638 (target upon breakout) • Support: $0.3839, $0.3757 (important levels to hold)
If the pennant breaks upward, ENA could see a sharp move higher towards the resistance zone at $0.4638 or beyond. Watch for an increase in volume to confirm the bullish momentum.