📊 ENA/USDC Technical Analysis – Three Time Frames 📊

The ENA/USDC pair has been showing interesting movements, with the potential for a strong move soon. Here is a detailed analysis of the three main time frames:

🔹 Monthly Chart (1M)

📈 After a sharp drop, the price has shown a significant recovery.

🚀 The main resistance is located between $0.90 and $1.00, where there has already been rejection.

🛑 The most relevant support is at $0.46, which could be tested if the structure weakens.

📊 High volume suggests strong interest in this area, which may indicate accumulation before a next directional move.

🔸 Daily Chart (1D)

📊 The moving averages are increasingly compressed, signaling a possible expansion of volatility. 📍 The price is consolidating after an upward movement, which could indicate accumulation before a new upward attempt.

📉 If it loses the bullish structure, the support at $0.46 could be the next target before a possible new push.

🔻 4H chart (4H)

📊 The price action is showing some weakness, with clear rejections in the resistance zone.

📍 The closest support is at $0.60 - $0.62, where the price could find liquidity to hold.

🚀 If it manages to regain strength and break $0.70, it could continue its rise towards the $0.90 - $1.00 zone.

📌 Conclusion

ENA/USDC is in a decisive zone. If it maintains the bullish structure, it could test $1.00. However, if it loses support, a pullback to $0.46 could happen before a new upward movement. Monitoring price action and price reaction to critical zones will be essential to validate the next move!

🔍 Pay attention to market signals and risk management! 🔥

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