$ENA Hereโ€™s a technical analysis post for Binance Square based on the provided ENA/USDT chart:

ENA/USDT Technical Analysis โ€“ 15M Chart Update

๐Ÿ”น Current Price: $0.3789 (+10.89%)

๐Ÿ”น 24H High/Low: $0.3942 / $0.3336

๐Ÿ”น Volume: 1.23B ENA

๐Ÿ“Š Trend Analysis:

ENA/USDT showed strong bullish momentum earlier, reaching a peak of $0.3942, but is now facing a slight retracement. The price is currently testing support near the $0.3790 level.

๐Ÿ“ˆ Moving Averages & Indicators:

โœ” EMA (7): $0.3810 (immediate resistance)

โœ” EMA (25): $0.3809 (short-term resistance)

โœ” EMA (99): $0.3735 (strong support)

๐Ÿ’ก Key Levels to Watch:

๐Ÿ”ธ Support: $0.3735 โ€“ $0.3658

๐Ÿ”ธ Resistance: $0.3810 โ€“ $0.3942

๐Ÿ“‰ Bearish Signs:

Price is currently below the 7 EMA, indicating short-term consolidation.

A breakdown below $0.3735 could push ENA towards lower support zones.

๐Ÿ“ˆ Bullish Signs:

If ENA reclaims $0.3810, it could retest the $0.3942 high.

Volume remains strong, suggesting potential for another move up.

๐Ÿ“Œ Conclusion:

ENA is currently in a pullback phase after a strong rally. If it holds above $0.3735, a bullish continuation is possible. However, a breakdown could lead to further downside.

๐Ÿš€ Are you bullish or bearish on ENA? Share your thoughts below!

#ENAUSDT #CryptoAnalysis #Binance #CryptoTrading

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