🚨 $ENA Setup 🚨
🎯 Targets:
TP1: $0.3800 🎯
TP2: $0.3850 🎯
TP3: $0.3900 🚀
📈 Technical Analysis:
$ENA is rebounding strongly off the $0.3641 support zone after a steep drop. Short-term buyers are stepping in, pushing the price upward with momentum building. A break above $0.3800 could lead to a sharp continuation toward the $0.40+ liquidity zone.
🔑 Key Support/Resistance Zones:
Support: $0.3573
Resistance: $0.4223
This range marks a critical reversal zone. Price holding above $0.3680 increases the likelihood of continuation. Watch for confirmation around $0.3850 for clean breakout entries.
📊 Volume Insight:
24H Volume: 276.71M ENA / $107.46M USDT
Volume is rotating in favor of bulls, with early signs of recovery despite a 24H drop of -9.13%. Continued buildup in volume could fuel an extended move.
⚠️ Risk Management Tip:
Use a stop-loss at $0.3590 to manage downside exposure. Consider trailing your stop after TP1 and securing partial profits as ENA climbs toward upper targets.
#ENA #CryptoSetups #ReboundTrade
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📌 Disclaimer:
This setup reflects personal technical analysis and real-time market insight. Shared for educational purposes—always manage your risk and conduct your own due diligence.