ENA is consolidating after a recent rally, now trading around $0.7816. The 1-hour chart shows price hovering near the 99-MA, signaling a potential make-or-break moment for short-term traders.
📊 Key Levels:
Resistance: $0.7932 – $0.8355 (major breakout zone)
Support / Buy Zone: $0.7687 – $0.7550
Take Profit Targets: $0.8050, $0.8200, $0.8355
Stop-Loss: Below $0.7400
💡 Trading Plan (Spot Only):
A break above $0.7932 with volume could push ENA toward $0.8355 and possibly the Fib extension target at $0.9567. On the flip side, failure to hold the current support may lead to a drop toward $0.7550 or lower.
📌 Technical Snapshot:
Volume Oscillator: 13.70%, showing modest buying interest but not yet explosive.
Stoch RSI: Oversold at 19.44, indicating a possible rebound if buying pressure returns.
Moving Averages: Price is currently below the 7-MA & 25-MA but holding above the 99-MA, suggesting medium-term support is intact.
⚠️ Tip: Manage risk carefully — this is a volatile zone where quick reversals can occur.
📈 ENA may be gearing up for its next big move — watch closely!
🔥 ENA is coiling up — will you catch the breakout or fade the rally?
Click the $ENA cashtag now and make your move!
$ENA #cryptooinsigts #Write2Earn
