Technical Analysis of ENA Currency - Dated May 7, 2025:
Current Price: $0.2696
Bullish Scenario:
Entry Point: Upon breaking the 0.3420 level
Targets: 0.3509 then 0.3718 then 0.3942
Stop Loss: Below 0.2907
Bearish Scenario:
Entry Point: If the price fails to break 0.3420
Targets: 0.3106 then 0.2907 then 0.2530
Stop Loss: Above 0.3420
Technical Indicators:
Moving Averages: Indicate a downward trend
Relative Strength Index (RSI): 50.89 (Neutral)
MACD: Sell Signal
Stochastic Oscillator: Indicates a buying condition (73.0)
This is not financial advice, do your own research #ENA #BinanceSquareTalks #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ