$ENA
Bullish Structure with Breakout Potential
ENA has shown strong performance over the past 24 hours, rallying from 0.7711 to 0.8555 before easing to 0.8136 (+2.06%). Trading volume is robust, with 368.28M ENA exchanged against 298.57M USDT, reflecting solid market participation and ongoing buyer interest.
Price action remains above recent support levels, forming higher lows on shorter timeframes. This signals that buyers are defending the trend, while consolidation near the upper range highlights underlying strength.
Trade Outlook
Spot Entry: 0.8100 – 0.8150
Targets: 0.8400 / 0.8550 / 0.8700
Stop Loss: Below 0.7950
For futures, long setups in the same entry range with moderate leverage (3x–5x) may be considered. A clean breakout above 0.8555 could accelerate gains toward 0.8800+, with minimal resistance overhead.
Failure to hold 0.7950 could lead to a short-term retest of 0.7800 before the next upward leg.
With strong volume, higher lows, and price holding key support, ENA remains a strong candidate for bullish continuation.
