$ENA Here’s a technical analysis post for Binance Square based on the provided ENA/USDT chart:
ENA/USDT Technical Analysis – 15M Chart Update
🔹 Current Price: $0.3789 (+10.89%)
🔹 24H High/Low: $0.3942 / $0.3336
🔹 Volume: 1.23B ENA
📊 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.
📈 Moving Averages & Indicators:
✔ EMA (7): $0.3810 (immediate resistance)
✔ EMA (25): $0.3809 (short-term resistance)
✔ EMA (99): $0.3735 (strong support)
💡 Key Levels to Watch:
🔸 Support: $0.3735 – $0.3658
🔸 Resistance: $0.3810 – $0.3942
📉 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.
📈 Bullish Signs:
If ENA reclaims $0.3810, it could retest the $0.3942 high.
Volume remains strong, suggesting potential for another move up.
📌 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.
🚀 Are you bullish or bearish on ENA? Share your thoughts below!
#ENAUSDT #CryptoAnalysis #Binance #CryptoTrading
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