$ENA at Decision Point – Breakout or Breakdown Ahead?
$ENA is trading at $0.6476, consolidating after a sharp decline. Price is currently hovering near an important zone, where a decisive move will determine the next trend direction.
Key Levels to Watch
• Resistance: $0.6700 – A breakout above this level could trigger momentum toward $0.6800 and $0.6950.
• Support: $0.6400 – Failure to hold may drag price lower toward $0.6280 and $0.6150.
Trade Setup – Potential Scenarios
Bullish Entry:
• A confirmed breakout above $0.6700 could target:
• TP1: $0.6800
• TP2: $0.6950
Bearish Entry:
• A breakdown below $0.6400 could target:
• TP1: $0.6280
• TP2: $0.6150
ENA is consolidating at a crucial level. A move above $0.6700 could spark bullish continuation, but losing $0.6400 may invite deeper selling pressure.