Future Price Prediction for $ENA
For a Long Position (Buy Entry)
Support Levels:
0.7001 (recent low, potential strong support)
0.6943 (next possible support)
Resistance Levels:
0.7434 (first profit-taking level)
0.7600 (stronger resistance)
0.8122 (high-level resistance)
Prediction for a Long Position:
If 0.7001 holds as support, we could see an upward movement to 0.74-0.76.
A breakout above 0.76 may lead to 0.81 in a strong bullish move.
Strategy:
Entry: 0.7000 - 0.7040
Stop-Loss: Below 0.69
Take Profit: 0.7434, 0.76, and 0.81
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For a Short Position (Sell Entry)
Breakdown Zone:
If 0.7000 breaks, price could drop towards 0.6943 or lower.
![](https://bin.bnbstatic.com/image/admin_mgs_image_upload/20240329/2ec2f51d-813a-43da-8b1a-0d27b8ad744b.png)
Bearish Confirmation:
If order book flips bearish (>50% sellers), price could fall further.
Prediction for a Short Position:
If price rejects from 0.74-0.76, it could fall back to 0.70.
If support at 0.70 breaks, the next targets are 0.69 and 0.68.
Strategy:
Entry: 0.74 - 0.76 (if rejected)
Stop-Loss: Above 0.77
Take Profit: 0.70, 0.69, and 0.68
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Recommendation: Wait for price action confirmation at 0.70 before taking a long or short position.