📊 $ENA /USDT – Consolidating Before the Next Move
Analysis & Insights
ENA is currently trading at $0.7242, showing a mild +1.11% gain after recent consolidation. Price is holding above the $0.70 key support, indicating that buyers are defending this zone. A breakout above $0.75 could open the door to stronger bullish momentum, while rejection here may trigger a short-term pullback.
Technical Highlights
Support: $0.70 – $0.68 zone
Resistance: $0.75 (short-term) & $0.80 (major)
Trend: Neutral to bullish while above $0.70
Momentum: RSI approaching mid-range, suggesting room for upside if volume picks up
Trading Plans
🔹 Long Setup
Entry: $0.715 – $0.725
Targets: TP1 $0.75 | TP2 $0.80
Stop Loss: $0.69
🔹 Short Setup
Entry: $0.745 – $0.75 rejection
Targets: TP1 $0.72 | TP2 $0.70
Stop Loss: $0.765