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$ENA Based on the chart:
Current Price: $0.3744
RSI (6): 25.56 (Oversold zone)
RSI (12): 36.81 (Still bearish)
Support: Around $0.3739 (24h Low)
Resistance: Around $0.3988 (24h High)
Should You Enter Now?
✅ Possible Entry Point
The RSI (6) is in the oversold zone, indicating a possible short-term bounce.
The price is near the 24-hour low, meaning a small rebound could occur.
🚨 Caution:
RSI (12) and RSI (24) are still weak, meaning the downtrend could continue.
If the price breaks below $0.3739, it could fall further.
Best Approach:
Aggressive Entry: Small buy now with a stop-loss below $0.3730.
Safer Entry: Wait for confirmation above $0.3760 or a bullish reversal signal.
Current Price: $0.3744
RSI (6): 25.56 (Oversold zone)
RSI (12): 36.81 (Still bearish)
Support: Around $0.3739 (24h Low)
Resistance: Around $0.3988 (24h High)
Should You Enter Now?
✅ Possible Entry Point
The RSI (6) is in the oversold zone, indicating a possible short-term bounce.
The price is near the 24-hour low, meaning a small rebound could occur.
🚨 Caution:
RSI (12) and RSI (24) are still weak, meaning the downtrend could continue.
If the price breaks below $0.3739, it could fall further.
Best Approach:
Aggressive Entry: Small buy now with a stop-loss below $0.3730.
Safer Entry: Wait for confirmation above $0.3760 or a bullish reversal signal.
$BURGER fly fly fly 🚀
$BURGER trapped
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