$ENA /USDT – Light Bullish Recovery with Consolidation

🔹 Current Price: $0.7150 (+0.44%)

🔹 24h High: $0.7460

🔹 24h Low: $0.7080

🔹 24h Volume: 148.78M ENA ≈ $107.96M

📊 Technical Overview

MA60: $0.7201 → Current price is below this, indicating a slight neutral/bearish position but there is upward pressure.

MA(5): 146,139.67 > MA(10): 101,688.07 → Short term bullish momentum (buyers are increasing).

RSI: Approximately neutral zone (45–55) → The market is neither overbought nor oversold.

MACD: Light bullish crossing → Further recovery is possible.

Volume: Relatively stable, indicating the market is preparing for a significant movement after consolidation.

🔎 Key Levels

Major Support: $0.708 and $0.700

Major Resistance: $0.725 → If it breaks above this, a bullish run to $0.740–$0.750 may be possible.

📌 Trade Plan

Long Entry (Buy): $0.712 – $0.718 zone

🎯 Targets:

TP1: $0.725

TP2: $0.740

TP3: $0.750+

🛑 Stop Loss: Below $0.700

Short Entry (Sell): If $0.700 support is broken

🎯 Targets:

TP1: $0.690

TP2: $0.675

🛑 Stop Loss: Above $0.725

⚡ Summary:

ENA is currently consolidating at $0.715. If $0.725 breaks, a quick bullish move towards $0.750 may be seen; otherwise, $0.700 may be retested.

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$ENA