$ENA
๐ ENA/USDT Update (4H Chart)
Current Price: 0.6574 USDT (+3.63%)
24H Range: 0.5330 - 0.6758
Volume (ENA): 550M
๐ง Technical Snapshot:
ENA is trading within a well-defined range-bound structure.
๐ป Support: 0.5500
๐บ Resistance: 0.7000
๐ Price has rebounded sharply from the support zone and is approaching the upper resistance again. The structure resembles a bullish range with potential breakout setup.
๐ Next Possible Moves:
Bullish Breakout: A clean break and hold above 0.7000 could trigger continuation toward 0.75+
Rejection Scenario: If rejected from resistance, watch for consolidation or a retest of the 0.60โ0.58 zone
Range Trading Opportunity: Scalpers may trade the 0.55โ0.70 range until breakout confirmation.
๐ Note: Volume is increasing, signaling strong interest. Keep an eye on candle closes around 0.68โ0.70 for breakout confirmation.
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