$ENA
/USDT TESTS $0.40 — BULLS COOL OFF AFTER STRONG MOVE UP!
$ENA rallied hard to reach a 24h high of $0.4022, but faced immediate rejection, now trading at $0.3802. After reclaiming the $0.3700 level, the pair shows signs of forming a higher low, suggesting bulls might not be done just yet.
Trade Setup (Long):
Entry: $0.3760 – $0.3810
Take Profit (TP): $0.3950 / $0.4050
Stop Loss (SL): $0.3680
Market Outlook:
Strong volume supported the move up, but the resistance at $0.40 remains key. A break and close above this could open the door for another rally. Short-term traders should stay alert for a bullish engulfing candle.
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