$ENA /USDC – Breakout Retest or Trap? Watch This Zone Closely!

$ENA recently spiked toward $0.64 before pulling back sharply, now hovering near $0.6200 support. Bulls are trying to reclaim momentum after a healthy dip, but failure to hold current levels could lead to another drop.

Trade Setup

Entry Zone: $0.6150 – $0.6220

Stop Loss: Below $0.6050

Targets:

• TP1: $0.6340 (recent high)

• TP2: $0.6480 (breakout extension)

• TP3: $0.6600 (trend continuation zone)

Summary:

Keep a close eye on volume – a bounce with conviction above $0.63 may open the door for another leg up.

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$ENA