$ENA Builds Momentum Above $0.35 with Resistance in Sight

ENA is showing signs of stabilization, with technical indicators leaning cautiously bullish. The 9-day EMA is holding above the 20-day EMA, signaling short-term strength, while the MACD histogram is gradually expanding—suggesting growing momentum, albeit slowly.

Price action continues to respect the $0.3506–$0.3509 support zone, which has now formed a solid base. Resistance looms at $0.3881, with a further ceiling at $0.3933. A confirmed breakout above these levels could open the door for a trend shift.

The RSI is floating above 50, indicating a neutral but slightly bullish sentiment that may support further gains if buying volume increases.

📌 Traders watching for long setups may consider entries on a close above $0.3881, while short-term pullbacks toward $0.35 could offer high-risk/reward positioning depending on confirmation.

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Read the full analysis: www.ecoinimist.com/2025/05/20/ena-builds-momentum-resistance-in-sight