ENA Price Analysis!!!
ENA has shown steady upward momentum over the past week, climbing from 0.78 on 6 August to around 0.85 today. This rise reflects renewed buying interest, with the price forming a series of higher lows, indicating healthy market sentiment. Key support is established at 0.80, while the next significant resistance lies around 0.86–0.87.
The growth is supported by increased trading activity on decentralized exchanges and growing adoption of the ENA ecosystem. Technical patterns suggest buyers remain in control, with momentum indicators pointing toward further upside. However, traders should remain cautious as the price nears resistance, where short-term profit-taking could occur.
If ENA breaks above the 0.87 mark, it could open the path toward 0.90–0.92 in the coming days. On the other hand, a drop below 0.80 could lead to a retest of the 0.78 level. Overall, market sentiment remains bullish, with both fundamentals and technicals aligning for continued growth.
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