$ENA Trading Setup – Still within the range, but there is potential for a breakout
Current Price: $0.2676 (–0.52%)
$ENA remains locked in a sideways range, but buyers are defending the lower zone around $0.266. If the price can reclaim the $0.2700 level with volume, an upward movement may follow.
Trading Idea (Long-term):
• Entry Range: $0.2663 – $0.2677
• Target 1: $0.2700
• Target 2: $0.2735
• Target 3: $0.2768
• Stop-loss: $0.2645
Outlook:
Still in consolidation, but the compression of price action suggests that a breakout may be brewing. A confirmed close above $0.2700 will increase the likelihood of reaching the upper targets. A close below $0.2645 negates the setup.