$ENA /USDT Analysis

ENA is showing strong momentum, currently trading at $0.5032 with a impressive +14.94% gain! The price has been steadily climbing since its 24h low of $0.4353 and is holding well above all key moving averages: MA(7) at $0.4980, MA(25) at $0.4833, and MA(99) at $0.4156. This indicates a strong bullish trend.

Key Observations:

* Clear upward trend with higher lows.

* Volume is 40,766,259, which is currently lower than the 5-day and 10-day moving average volumes, suggesting some profit-taking or less intense buying at this level.

Keep an eye on:

The 24h high of $0.5262 as a potential resistance point.

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