🚨 $ENA /USDT ALERT: Key Support Zone Holding—Prepare for Breakout! 🚨
$ENA is trading at 1.0154, down 1.67%, consolidating above a crucial ascending trendline. A strong move could be on the horizon!
Trade Setup
💡 Entry Zone:
• Long Entry: Above 1.0500, confirming bullish momentum.
• Short Entry: Below 0.9900, signaling a potential breakdown.
🎯 Targets for Long:
• Target 1: 1.1000
• Target 2: 1.1500
• Target 3: 1.2500
🔻 Stop Loss for Long: 0.9900
🎯 Targets for Short:
• Target 1: 0.9500
• Target 2: 0.9000
• Target 3: 0.8500
🔻 Stop Loss for Short: 1.0500
Key Levels to Watch
• Resistance: 1.0500 – A breakout above this level could fuel a strong rally.
• Support: 0.9900 – Losing this level may result in increased bearish pressure.
Market Insight
ENA is at a critical juncture, testing its trendline support. A bounce here could initiate a bullish rally, while failure to hold could lead to a bearish retracement.