$ENA /USDT 1D Chart Analysis (Updated – May 21, 2025)
The chart shows a breakout from falling wedge and a rounded bottom (cup-like) reversal pattern, followed by a retest and stabilization above the 50 EMA. Price is consolidating near a key breakout zone.
✅ Entry Zone:
Current Price: ~$0.391
Support Zone: ~$0.357 – $0.371
Holding above 50 EMA and key breakout support
🎯 Simple Targets (TP):
TP1: $0.466
TP2: $0.653
TP3 (Final): $0.822
❌ Stop-Loss (SL):
SL Level: $0.332
(Below support + invalidates the breakout structure)
📈 Trend Summary:
✅ Breakout from falling wedge
✅ Holding above 50 EMA
✅ Rounded bottom reversal in progress
🧭 Bias: Bullish above $0.358, strongly bullish if daily closes above $0.400
(Bearish invalidation below $0.333)