📈 $ENA / USDT – Attempting to Rise from the Bottom!
0.3313 +8.06%
🔹 Entry Ratio: 10% of Capital
⚠️ Trading at Your Own Risk
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📊 Current Situation Analysis:
• After a price collapse from the previous peak at 0.4633, ENA has been moving for a while in a horizontal range between 0.30 and 0.35, forming a potential accumulation base.
• Today's daily candle is strongly bullish (+11.59%) and breaks the short moving average (MA-7) at 0.3143, which is the first positive signal.
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🎯 Trade Setup:
🔹 Optimal Entry Area:
0.3270 – 0.3340 (with a slight pullback to confirm the retest)
🎯 Targets:
• Target 1: 0.3570 – MA-25 Resistance
• Target 2: 0.3820 – Previous Rejection Area
• Target 3: 0.4210 – Confirmation of Trend Reversal in case of a strong breakout
🔻 Stop Loss:
0.2920 — Below the lows of the past days and support of the horizontal range
🧭 Important Levels:
• Support: 0.2920 – 0.3000
• Resistance: 0.3570 – 0.3820
• Pivot Point: 0.36 — Above this level, buyers start to surge
📌 Note:
The MA-25 and MA-99 averages are still sloping downwards, indicating that the downtrend has not yet been broken. Therefore, we need a strong close above 0.36–0.38 with massive trading volume.
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🧠 Final Outlook:
ENA shows signs of a “pulse” after a period of stagnation, but a strong return cannot be discussed until the level of 0.36+ is reclaimed.
Anything below that? Just horizontal volatility within the “space of hope”.
#ENA #CryptoSetup #Darar_Al-Hadri #DeFi