$ENA 🚀 BULLISH MOMENTUM 🚀
ENA/USDT Trading Strategy
Current Price: $0.5393
24h Volume: $216.42 million (Healthy, indicates active interest)
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📊 Technical Analysis Overview
🔹 Key Support Levels
$0.520 – $0.525 → Strong recent support zone
$0.500 → Psychological and historical support
$0.470 → Deeper structural support from late-June base
🔸 Key Resistance Levels
$0.555 – $0.560 → Local highs, intraday resistance
$0.585 – $0.600 → Weekly top, key breakout level
$0.645 → Strong longer-term resistance
📈 Technical Indicators
Indicator Value Signal
RSI (1H) ~61 Bullish momentum building
MACD (1H) Positive Momentum crossover active
Bollinger Bands Expanding Volatility rising — breakout possible
Volume Trend Increasing Supports bullish continuation
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🎯 Trade Setups
🟢 1. Bullish Continuation Trade
Entry: On breakout above $0.560 with volume > $250M
Target 1: $0.585
Target 2: $0.600 – $0.610
Stop-loss: $0.534
Confirmation: RSI above 65, MACD histogram widening
📜 Disclaimer
> This is not financial advice. This trading strategy is for educational and illustrative purposes only. ENA is a volatile, mid-cap DeFi token that may experience sudden price swings due to market news, whale activity, or protocol changes. Always DYOR (Do Your Own Research) and apply strict risk management when trading. Never trade more than you can afford to lose.