ENA has been showing impressive strength today, printing a solid +4.5% daily move and pushing up to $0.6116 before cooling off around the $0.59 zone. Let’s break down the key levels and setups:
🔎 Technical Analysis
Trend: Strong bullish push from the $0.5333 low toward $0.61 indicates buyers are stepping in aggressively.
RSI (6): Currently hovering around 49 → neutral, suggesting there’s room for another leg up if momentum returns.
Support Zone: $0.56 – $0.58 (former resistance now acting as support).
Resistance Zone: $0.61 – $0.62 (intraday high, first hurdle for continuation).
📈 Possible Trading Setups
Entry 1 (Conservative): Look for dips into $0.56 – $0.58 with confirmation of buyers defending the level.
Entry 2 (Breakout): A clean breakout and 15m close above $0.615 could trigger momentum toward $0.65+.
Stop‑loss Idea: Below $0.533 recent swing low, to protect against fakeouts.
⚡ Outlook
If ENA holds above $0.58, bulls remain in control. A breakout above $0.615 could ignite fresh FOMO and put ENA on track for a short‑term rally. Keep an eye on volume — if it stays strong, momentum traders could fuel the next leg higher.
🔥 What do you think, ENA fam? Are we ready for $0.65+, or do you expect a retest lower before liftoff? Drop your thoughts below 👇
#ENA #Crypto #Trading #BinanceSquare
