The $ENA /USDT pair is trading at $0.9495, marking a 5.43% gain in the last 24 hours. The price recently tested a high of $0.9758 but faced resistance, leading to a pullback. It is now consolidating above the EMA(99) at $0.9379, with the EMA(7) at $0.9501 and EMA(25) at $0.9497 acting as immediate resistance levels. The 24-hour low of $0.8913 indicates strong demand at lower levels. A breakout above $0.9500 could reignite bullish momentum, targeting $0.9758 and beyond. Traders should consider entering above $0.9500 with stop-losses placed below $0.9370 to manage risk effectively. This setup offers a balanced opportunity for both breakout and range trading strategies.
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