ENA/USDT Four-Hour Chart, Market Analysis and Short-Term Strategy:

Current ENA price is $0.9809, up 1.56% for the day.

• 24-hour high: $1.0710

• 24-hour low: $0.8627

• Key moving averages:

• MA(7)=$0.9722 (short-term support)

• MA(25)=$1.0195 (medium-term resistance)

• MA(99)=$0.8275 (long-term support)

From the chart, ENA has shown a significant pullback after a recent high of $1.1477, currently hovering above the MA(7), with bulls slightly in favor in the short term. The MACD indicator is close to the zero line but has not yet shown a clear direction; market sentiment is leaning towards consolidation.

Support and Resistance Levels

• First support level: $0.9722 (MA(7) support)

• Second support level: $0.9000 (psychological support)

• Third support level: $0.8627 (24-hour low)

• First resistance level: $1.0195 (MA(25) resistance)

• Second resistance level: $1.0710 (24-hour high)

• Third resistance level: $1.1477 (recent high)

Short-Term Trading Strategy

Long Position Strategy:

• Entry point: around $0.9722

• Take profit target: $1.0195

• Stop loss position: $0.9500

Short Position Strategy:

• Entry point: around $1.0195

• Take profit target: $0.9722

• Stop loss position: $1.0500

If ENA finds support around $0.9722, it may rebound further to $1.0195 or even $1.0710; if it breaks below $0.9722, it may pull back to $0.9000 or lower to $0.8627.

【Public🀄️H: Bull Market Old Coin Light, will share exclusive information daily for brothers, Binance registration invitation code: Q9TB8ODZ, everyone support, wishing brothers and sisters a bountiful gain!】