#ENA is gearing up for a potential moonshot as it consolidates around $0.50. Could this be the launchpad for a massive rally❓What are your thoughts on #ENA 's recent price movement❓ Is it preparing for a rebound or heading for further lows❓$ENA /USDT: A Critical Move Ahead—Be Ready❗$ENA /USDT is trading at $0.5061, showing signs of recovery after reaching a low of $0.5033. Current consolidation suggests a decisive move is on the horizon, with traders eyeing key levels for potential entry points.
0.5081
+3.12%
Key Levels to Watch:
Resistance: $0.5210
Support: $0.5030
Long Trade Setup:
Entry: Above $0.5210
Targets:
1. $0.5320
2. $0.5450
3. $0.5590
Stop Loss: $0.5100
Short Trade Setup:
Entry: Below $0.5030
Targets:
1. $0.4950
2. $0.4820
3. $0.4700
Stop Loss: $0.5100
Market Insight:
ENA/USDT is testing crucial support near $0.5030, with MACD showing bearish momentum. A breakout above $0.5210 could attract buyers, pushing the price higher, while a breakdown below $0.5030 may lead to further downside. Monitor closely for volume spikes to confirm the direction!
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