$ENA

📈 ENA — Entering Wave 3?

Yesterday, ENA was in an uncertain phase — the price action resembled a bearish flag, and momentum was weak. However, things have now shifted. The price is currently breaking through the resistance line, which is a strong signal that the second corrective wave (Elliott Wave 2) has likely ended.

We may now be entering the powerful third wave — typically the longest and strongest in Elliott Wave theory.

🔹 According to the Fibonacci extension, the next key target lies at the 1.618 level (marked in blue), which is a classic Wave 3 target.

📍 Entry: Market price

📉 Stop-loss: Just below the low of Wave 2 (the bottom of the correction)

This setup offers a clean structure and solid risk-to-reward potential. Watch price action closely — confirmation is key.

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