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📊 $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

$ENA