$ENA Market Alert
ENA has recently touched $0.8555, followed by a minor pullback. This movement appears to be a healthy consolidation phase rather than a breakdown. Market activity suggests accumulation by larger players, creating a potential setup for an upward move.
Key Level to Watch: $0.8704 – a breakout above this resistance could trigger accelerated buying pressure.
Accumulation Zone: Current range around $0.8500 – $0.8555 may serve as an optimal entry area for swing traders.
Traders should monitor volume and breakout confirmation before entering positions. Patience and discipline remain crucial in the current market structure.