ENA/USDT on the 1-hour chart is showing a potential bullish setup after rebounding from the 0.618 Fib support at $0.7588. The pair is currently trading at $0.8040, with buying momentum building near the $0.79–$0.80 range.
📈 Buy/Entry Zones:
A strong entry for spot traders lies between $0.79–$0.80, aligning with the 0.786 Fib level ($0.7917) and short-term EMA support. Aggressive buyers may also look for dips to $0.7588.
📉 Resistance Levels:
Immediate resistance: $0.8332 (recent swing high).
Major breakout point: $0.85 – clearing this level could spark a rally toward new highs.
💰 Take Profit Targets:
TP1: $0.8332
TP2: $0.85
🛡 Stop-Loss:
To manage risk, a stop-loss around $0.7356 (0.5 Fib) is a reasonable safety level.
📊 Indicators Insight:
Stoch RSI is trending upward but not yet in overbought territory, suggesting there’s still room for upside.
Volume Oscillator remains positive, indicating buyers are active.
⚡ Pro Tip: Watch for a decisive close above $0.8332 with strong volume — it could trigger a breakout run toward $0.85+ in the short term!
Click the $ENA cashtag now and position yourself before the market decides!
Spot trading only. Manage your risk.
$ENA #Write2Earn #CryptoPatience
