🚀 $ENA /USDT – Breakout Brewing? 🔥
$ENA is pushing higher at $0.3985 (+3.43%) after holding strong support around $0.37. With RSI in overbought territory and bullish volume growing, eyes are on whether this rally has legs or is due a cooldown.
Let’s analyze the setup 👇
📊 Market Overview
📍 Current Price: $0.3985
📈 24h High: $0.4018
❄️ 24h Low: $0.3710
🔄 24h Volume: 152.99M ENA / $58.83M
📉 RSI (6): 81.38 – Overbought
📈 Moving Averages:
MA(7): $0.3904
MA(25): $0.3833
MA(99): $0.3782
📊 Volume MA(5): 9.82M
📊 Volume MA(10): 7.98M
📊 Technical Indicators
🔸 Trend Bias: Bullish breakout
🔸 MACD/SAR: Showing strong upward momentum
🔸 Key Resistance: $0.4018 / $0.4087
🔸 Support: $0.3872 / $0.3710
📈 $ENA/USDT Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (Continuation Above $0.4018):
Entry: Above $0.4020
Targets: $0.4087, $0.4303, $0.4518
Stop-Loss: $0.3870
🔹 Bearish Scenario (Failure + Pullback Below $0.3872):
Entry: Below $0.3860
Targets: $0.3710, $0.3656, $0.3490
Stop-Loss: $0.4020
⚠️ ENA is flashing overbought signals with RSI above 80, so expect increased volatility. Breakout traders: watch for a clean close above $0.402. Dips could still be bought as long as $0.3710 holds.
📢 Riding this DeFi wave or taking profits?
💬 Comment below!
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