🔥 ENA — Technical Outlook
📊 Current Price: ~$0.66
⏱ Short-Term Range: $0.6495 – $0.6824 (EMA8 & EMA21 nearby)
Key Levels
🚀 Break above $0.6824 → Targets: $0.7080 → $0.7456
🛡 Support at $0.6495 → Bounce back toward $0.70
⚡ If retest near $0.60 holds → potential swing back up
Patterns & Momentum
Falling Wedge + Double Bottom spotted on daily chart → often signals bullish reversal 📈
Structure is similar to early 2024 breakout → potential rally toward $0.90–$1.10 if momentum continues.
🎯 Trading Plan
✅ Long Setup 1:
Entry: above $0.68
TP1: $0.7080
TP2: $0.7450
SL: below $0.65
✅ Long Setup 2:
Entry: $0.60–$0.62 on correction
TP: $0.70–$0.75
SL: below $0.58