ENA is rising after holding support at 0.2515 as traders look to the next key price levels.
Strong buying interest has built around 0.33 and 0.35 which matches with the setup’s ideal entry zone.
If the price climbs above 0.8050 then a move toward 1.3595 remains possible based on the weekly trend.
$ENA has shown a rounded bottom on the weekly chart, pointing to a strong reversal if support holds near 0.2515. Price action signals a possible breakout that may lead to target levels at 0.8050, 1.0849, and 1.3595 in the coming sessions. The setup provides a potential long opportunity, as $ENA attempts to reclaim previous highs after a prolonged downtrend.
Source: X Rounded Bottom Forms as Support Holds at 0.2515
$ENA's weekly chart reveals a rounded bottom structure that often leads to powerful bullish moves in recovering markets. The token has bounced off the support zone of 0.2515, forming a possible base for further upside movement. This formation is recognized as a bullish reversal pattern, which builds confidence for traders seeking early positioning.
The support zone has been tested multiple times between late 2024 and early 2025, forming a consolidation base. Traders have identified 0.2515 as a valid long entry, marked by a strong reaction in recent candles. This base has historically served as a turning point for bullish action.
Current price is at 0.3786, down 7.27% on the week, but remains above the key accumulation zone. Volume and interest around this region continue to rise, adding weight to the reversal thesis. A sustained move above the neckline may unlock significant upside potential.
Key Resistance Levels: 0.8050, 1.0849, 1.3595
Price projections for $ENA suggest that once it gains strength, three main resistance levels lie ahead: 0.8050, 1.0849, and 1.3595. These levels reflect key historical zones where price previously faced rejection or paused in upward momentum.
The first target at 0.8050 marks a midpoint of prior consolidation from 2024. If price breaks and holds above this level, the bullish trend may gather steam. Traders may see this level as a milestone confirmation for a stronger trend.
The second target of 1.0849 aligns with a past reversal point during $ENA's previous peak cycle. It stands as a psychological and technical barrier. Should momentum continue to strengthen, this zone will be the next major test for bulls.
Finally, the 1.3595 resistance represents the ultimate upside target in the current outlook. This level reflects the upper boundary of the previous market cycle's high. The chart suggests that such a move remains achievable if accumulation continues and market sentiment shifts further bullish.