$ENA
ENA/USDT – Technical Analysis (BINANCE)
Current Price: $0.4442
24H Change: +11.64%
Volume Surge: $126.7M
Category: DeFi – Gainer
Chart Pattern: Bullish breakout from consolidation
Indicators:
RSI: 68 (approaching overbought – strong buying pressure)
MACD: Bullish crossover
Support: $0.4200
Resistance Broken: $0.4370
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Price Target 🎯 Zones Based on Momentum & Fibonacci Levels:
1. 🎯 Target 1 – $0.4600
Short-term breakout zone.
This is a minor resistance level from recent highs. If buying momentum holds, this could be reached within hours or a day. Ideal for scalpers or quick profit traders.
2. 🎯 Target 2 – $0.4950
Mid-term resistance aligned with Fibonacci 0.618 level.
A healthy uptrend could push ENA toward this zone. Watch for increased volume and retests of $0.4600 support if broken.
3. 🎯 Target 3 – $0.5500
Longer-term bullish extension target.
This aligns with previous structural resistance on the 4H chart. Reaching this target would indicate strong market confidence in ENA’s trend continuation, possibly triggered by DeFi sector interest or ecosystem developments.
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Trading Tip:
If price retraces, look for bounce confirmation at $0.4200. Set stop-loss just below this zone for risk control.