$ENA
Technical Overview
• Current Price: 0.7949 USDT (+7.89% 24h)
• 24h High / Low: 0.8100 / 0.7172
• MA(7): 0.7612 → Price is trading above, showing short-term bullish momentum.
• MA(25): 0.6824 → Strong medium-term uptrend.
• MA(99): 0.6178 → Long-term bullish structure intact.
• Order Book: 55.92% buy orders vs 44.08% sell orders → Slight buying pressure.
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Chart Insights
1. Trend:
• Price has been on a strong rally from ~0.55 to 0.81, making higher highs and higher lows.
• Currently consolidating slightly below 0.81 after a sharp breakout.
2. Support Levels:
• Immediate: 0.7660 (previous breakout zone & MA7)
• Major: 0.7100 (previous consolidation top)
3. Resistance Levels:
• Immediate: 0.8100 (recent high)
• Major: 0.8228 – 0.8500 (next possible resistance zone if breakout continues)
4. Volume Analysis:
• Green volume spikes indicate aggressive buying interest during breakout.
• Still healthy — no significant selling volume yet.
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Trade Plan
Bullish Continuation Scenario (if breakout happens above 0.8100):
• Entry: 0.8120 – 0.8180 (on breakout with strong volume)
• Target 1: 0.8350
• Target 2: 0.8500 – 0.8600
• Stop-loss: 0.7940
Pullback Buy Scenario (if price dips to support):
• Entry: 0.7680 – 0.7740 (near MA7 support)
• Target 1: 0.8000
• Target 2: 0.8100
• Stop-loss: 0.7540
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📌 Summary:
Trend is bullish on 4h chart. Best approach is to wait for either a confirmed breakout above 0.81 for momentum trading, or buy the dip near 0.77 for a safer entry. Avoid chasing the price without volume confirmation.
