$ENA /USDT Updated :- Daily Chart Analysis (May 18, 2025)
This chart shows a confirmed breakout from a falling wedge pattern, followed by a successful retest of both wedge and 50 EMA (yellow). Price action is turning bullish again after consolidation.
✅ Entry Zone (Current Price: ~$0.3998)
🎯 Simple Targets (TP):
TP1: $0.4673
TP2: $0.6522
TP3: $0.8234
❌ Stop-Loss (SL):
SL Level: $0.3336
(Below wedge and EMA support)
📈 Trend Summary:
✅ Bullish wedge breakout
📉 Pullback + support bounce at ~$0.355
🟢 Above 50 EMA — momentum turning upward
🧭 Bias: Bullish continuation likely