$ENA /USDT
📊 Market Insight
$ENA is currently trading at $0.6005 (+6.98%), recovering strongly from its recent low of $0.5582. Price is testing the upper boundary of resistance after breaking above the 4H MA(5) and MA(10), indicating bullish momentum supported by healthy volume (226.86M ENA / $132.94M). The short-term trend is turning bullish as the structure aims to flip key resistance into support.
📈 Entry Zone
$0.590 – $0.605
Look for entries on slight pullbacks, ideally near MA support or horizontal retests.
🎯 Targets
Target 1: $0.625 – previous supply zone & intraday resistance
Target 2: $0.645 – key 4H resistance
Target 3: $0.675 – breakout extension target
🛑 Stop Loss
$0.574 – just below the 4H support cluster and previous breakout area.
📌 Key Levels
Support: $0.574 / $0.558
Resistance: $0.616 / $0.645 / $0.675
Pivot: $0.600
💡 Pro Tip
If ENA reclaims $0.616 with a strong 4H candle close and volume spike, consider adding to the position on confirmation. Watch Bitcoin dominance and DeFi sector rotation for confluence.
#BTCUnbound #CFTCCryptoSprint #Notcoin #BuiltonSolayer #IPOWave