ENA is gaining bullish momentum, pushing up to $0.3843 with a +3.31% gain on the 15-minute chart. The price is rapidly approaching the local high of $0.3875, and traders are watching closely to see if this DeFi token can break out.
The RSI is currently at 73.61, showing strong bullish strength — but nearing overbought territory. Meanwhile, the Stochastic K/D lines are both above 78, signaling short-term overextension. Still, MACD remains bullish with a fresh cross and upward slope, indicating that momentum hasn’t cooled off yet. 🔥
Volume is picking up, especially in the last few candles, suggesting fresh buying interest is entering as ENA approaches its resistance level.
---
📊 Key Levels:
Resistance: $0.3875 (local high)
Support: $0.3702 (recent bounce zone)
---
🔥 My Take:
ENA is knocking on the door of breakout territory. A clean move above $0.3875 could send the price flying toward $0.395+ with strong momentum behind it. However, watch for rejection or a small dip, especially with RSI and Stochastics running hot.
📌 Breakout traders should keep a close eye on volume confirmation and possible retest of support.