📊 Actual Price Update
• Current price: $0.4298 USD
• 24h volatility: +18.08%
• 24h trading volume: $539,731,735 USD
• Market capitalization: $2.5 billion USD
• CoinMarketCap ranking: #46
📈 Technical Analysis
🔹 15-minute frame (15m)
• Model: Support at $0.365, resistance at $0.457.
• RSI: Currently in the oversold zone, may bounce back.
• Strategy: Look for Long entry point when price exceeds $0.375.
🔹 1-hour frame (1h)
• Model: Descending channel, price is testing support at $0.343.
• RSI: Breaking the downtrend, positive signal.
• Strategy: Enter Long at $0.352, take profit at $0.3608.
🔹 4-hour frame (4h)
• Model: Has broken the long-term downtrend, price has surpassed $0.31 with increasing volume.
• Strategy: Buy when the price returns to test the area of $0.30–$0.35.
🔹 Daily frame (D)
• Model: Forming an 'Expanding Triangle' pattern, price is fluctuating within this range.
• Strategy: Watch for a breakout above $0.37 to enter Long.
🎯 24h Futures Strategy
• Position: Long ENA/USDT on Binance.
• Entry point: $0.375.
• Take profit: $0.457.
• Stop loss: $0.365.
• Probability of success: 70% (based on technical analysis and trading volume).
🔗 Trade Binance Futures
⚠️ Note
• Risk: High volatility due to token unlock event in the second week of May.
• Recommendation: Manage capital tightly, do not use high leverage.
Note: The information above is for reference only, not investment advice.
