The $ENA /USDT chart on Binance highlights a strong bullish momentum, with the price currently at 0.7339 USDT (+17.90%). This surge has brought ENA close to its 24-hour high of 0.7447 USDT, while maintaining a healthy distance above the day’s low of 0.6195 USDT. The price is also trading above all key moving averages, with MA(7) at 0.6895, MA(25) at 0.6540, and MA(99) at 0.6521, suggesting that short-term and long-term trends are aligned in favor of buyers. Such alignment typically reinforces bullish sentiment, as it indicates that the asset has sustained momentum across multiple timeframes.
Volume analysis further supports the uptrend, as the 24-hour trading volume for ENA is 399.72M, paired with 272.77M in USDT, which shows high liquidity and strong market participation. The volume moving averages, MA(5) at 53.31M and MA(10) at 32.27M, indicate a clear spike in buying pressure compared to the recent past. Sustained volume growth often precedes further upward continuation, but traders should watch closely for resistance around the 0.75 USDT zone, as it may trigger profit-taking. A successful breakout with continued volume could open the door to higher levels, while failure to hold above the short-term MA(7) may signal a pullback.
