#StablecoinLaw 📢 $ENA Is On 🔥🔥🔥💯## Technical Analysis of ENA/USDT Trade Signal
### 📌 **Price & Market Overview**
* **Current Price:** 0.4600 USDT
* **24h High / Low:** 0.4749 / 0.3930
* **24h Change:** +16.10% (Strong Bullish Move)
* **Volume:**
* **ENA:** 298.02M
* **USDT:** 129.61M
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### 🟢 **Technical Indicators**
* **MA60 (Moving Average 60):** 0.4615 (Price just slightly below this; suggests indecision near trendline resistance)
* **MA5 & MA10 Volume Averages:**
* **MA(5):** 181,059.23
* **MA(10):** 158,713.06
* **Volume Bars:** Increasing and healthy, indicating strong participation and confirmation of price movement.
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### 📈 **Trend Observation**
* **Short-term trend:** Volatile but upward recovery. A sharp dip followed by a bounce from recent low (around 0.4580).
* **EMA tab selected:** Implies the system is focusing on Exponential Moving Averages – more weight to recent price.
* **Recent Price Action:** Bounce after testing intraday low (possibly forming a higher low).
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### 🔻 **Support & Resistance**
* **Immediate Resistance:** \~0.4749 (24h High)
* **Immediate Support:** \~0.4580 (recent bounce zone)
* **Next Support Below:** \~0.4450 (previous congestion area)
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### 🧠 **Trade Strategy Analysis**
* The coin has seen a **+10.71% move today**, **+42.19% over 7 days**, and **+62.31% in 30 days**, confirming strong short-term and mid-term bullish momentum.
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### 💼 **Profit or Loss Signal**
This is a **profit signal**, supported by:
* Strong green candles
* Volume confirmation
* Price bouncing from a support level
* Uptrend over all timeframes up to 90 days
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### 🛑 Suggested SL (Stop-Loss) & 🥅 TP (Take-Profit)
| Type | Price | Reason |
| ------- | --------- | ------------------------------------------------------- |
| **SL** | `0.4440` | Below local support; breaks short-term uptrend if hit |
| **TP1** | `0.4749` | Recent high – first target for partial profit |
| **TP2** | `0.4950` | Psychological resistance near round number |
| **TP3** | `0.5100+` | If bullish momentum continues and breaks 0.4750 cleanly |
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### ✅ Summary
* **Current status:** Bullish rebound in progress
* **Signal:** Profit-taking opportunity
* **Risk Level:** Moderate (slightly under MA60; monitor closely)
* **Strategy:** Buy on pullback, SL at 0.4440, TP at 0.4749 / 0.4950 / 0.5100