$ENA is currently trading at approximately $0.4389.
In December 2024, ENA exhibited a bullish cup-and-handle pattern, suggesting a potential target of $1.53.
In November 2024, ENA broke through the $0.70 resistance, indicating a possible 50% rally towards $1.10.
In December 2024, ENA consolidated between $0.94 support and $1.07 resistance.
In December 2024, ENA surged from $0.26 to nearly $0.40, with key support at $0.36 and resistance at $0.40.
Given the current price of $0.4389, ENA is near the previously identified support level of $0.36 and resistance at $0.40.
Buy Zone: Considering the previous support level, a potential buy zone could be around $0.36.
Target: Based on past resistance levels, a reasonable target might be $0.45.
Stop Loss: To manage risk, a stop loss could be set below the recent support, perhaps around $0.32.
