Here is a quick analysis of the latest $ENA /USDT trading data:
---
📊 Current Status
Price: $0.3396 (+1.92% change)
24h High / Low: $0.3512 / $0.3296
24h Volume:
ENA: 202.25M
USDT: 68.97M
---
📉 Technical Indicators
MA(60): $0.3414 (slightly above current price)
Support: Around $0.3296 (24h low)
Resistance: Around $0.3512 (24h high)
---
🔍 Analysis
Price movement is modestly bullish, recovering from a recent low.
Trading volume is strong, indicating decent market activity and liquidity.
Since the current price is slightly under the 60-period MA, there's potential upward room if volume sustains and breaks resistance at $0.3512.
If rejected at the moving average or resistance, watch for pullbacks to $0.334–$0.330 levels.
---
📈 Strategy Insights (Not Financial Advice)
Short-term bullish: Watch for a break and hold above $0.342–$0.345 for further upside.
Swing traders: May consider entry closer to support, stop-loss below $0.329, and target $0.355+.
Scalping: Volatility in 15m/1h timeframes could offer small-range trades.
Would you like a full technical chart analysis (MACD, RSI, SAR, Bollinger Bands), or a comparison with similar DeFi assets?
#ENAUSDT🚨 #CircleIPO #MyCOSTrade #PCEMarketWatch #Write2Earn