$ENA Price Action โ€“ Can It Maintain Momentum? ๐Ÿš€

ENA is currently up 11.61%, trading at $0.7593, after reaching a high of $0.7784. The recent price surge has pushed it toward key resistance levels, but is it sustainable?

Technical Analysis ๐Ÿ“Š

๐Ÿ”ธ Bollinger Bands โ€“ The price is near the upper band, indicating strong momentum but also possible overextension.

๐Ÿ”ธ RSI (6): 39.83 โ€“ Cooling off after the pump, suggesting consolidation before the next move.

๐Ÿ”ธ MACD: -0.0004 โ€“ Weakening momentum, signaling a potential pullback or sideways movement.

Key Levels to Watch ๐Ÿ“ˆ:

๐Ÿ”ผ Resistance: A break above $0.7784 could push ENA toward $0.80 - $0.82 in the short term.

๐Ÿ”ฝ Support: If a retrace occurs, $0.74 and $0.71 are crucial levels to hold.

Whatโ€™s Next? ๐Ÿ”ฎ

ENA is bullish but slowing down, meaning a pullback or consolidation could happen before another leg up. Traders should watch volume and key breakouts for confirmation.

Are you long or short on ENA? Drop your predictions below! ๐Ÿ‘‡