📉 ENA: Is the market ready for the next impulse?
The price of ENA is holding around $0.72, demonstrating resilience after breaking out of the descending channel. The chart structure indicates a change in dynamics: bulls are in control, but key levels have not yet been breached.
🔍 What is visible on the chart
- The price has exited the descending channel and tested its upper boundary — this is a confirmed breakout.
- EMA 50 and EMA 200 are pointing upwards, indicating medium-term support for the trend.
- RSI remains in the neutral zone — there is no overheating, but there are also no divergences.
- MACD shows weak bullish momentum, with no signs of reversal.
- Volumes are stable, without spikes — the growth is happening without overload.
🧠 Key zones
- Support zone: $0.66–0.62 — if the price holds above, the bullish scenario remains.
- Resistance: $0.80 — the nearest target, a breakout could accelerate the movement.
- Next target: $0.93–0.95, with a psychological barrier at $1.00.
ENA shows signs of recovery and readiness for a new impulse. As long as the price remains above $0.62, the structure remains bullish. A breakout above $0.80 could trigger accelerated growth. However, if it falls below $0.60 — the scenario changes, and it is worth reconsidering the strategy.