$ENA /USDT - Strong Momentum Reclaiming Levels🔐👇
Current Price: $0.4035 🦋
Timeframe: 1H & 1D ⌛
Change: +5.99%
☝️ENA has regained momentum after a short-term dip, successfully reclaiming its mid-Bollinger band support on the 1H chart. After touching the day’s high of $0.4141, the price retraced slightly but is still holding above the key EMAs. Strong volume in the recent candles hints at active accumulation. The stochastic RSI remains above 75 on 1H, reflecting buyer dominance.
👉On the daily chart, $ENA is now trading above the 20-day EMA ($0.3869) with a bullish crossover signal forming. This move follows a clear bounce from the lower Bollinger band last week. Today's volume breakout is significant and aligns with a potential retest of resistance around $0.4383.
Entry Price: $0.398–$0.403✅
Short-Term Targets: $0.414 → $0.438🎯
Stoploss: $0.386 below 1D EMA☣️
Global Sentiment:🌍
With the DeFi sector gradually recovering and Bitcoin stability near $69K, altcoins like ENA are seeing renewed short-term interest. No major negative macroeconomic events currently threaten this setup.
Trade Duration: 1–3 Days
Takeaway: 🧑💻
$ENA is showing strength and recovery signs with solid technical alignment. A healthy pullback toward $0.398 could offer a high-reward entry for bulls aiming to capture the next leg up.
👨❤️👨"Patience turns pullbacks into powerful opportunities."
Disclaimer:⚠️
Not financial advice. Please manage risk as per your strategy.
