ENA is showing strong bullish momentum, breaking above key resistance with high volume. If it holds above $0.4536, a rally towards $0.4840 - $0.5240 is likely. However, a failure to hold support could lead to a pullback toward $0.4200 or lower.
๐ข Pro Tip: Watch for volume confirmation and breakout retests before entering. A dip toward $0.4400 could offer an optimal buying opportunity. ๐๐
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๐ ENA/USDT โ Strong Bullish Breakout Incoming? ๐๐ฅ
๐ Current Price: $0.44.90 (+7.90%)
๐ Key Levels to Watch:
โ Support Zone: $0.4200 - $0.4017 (Pullback Area)
โ Resistance Zone: $0.4616 - $0.5240 (Breakout Target)
๐ Bullish Entry Strategy:
๐น Entry Zone: $0.4200 - $0.4400 (Buy on Retest)
๐ฏ Take Profit Targets:
โ TP1: $0.4616
โ TP2: $0.4840
โ TP3: $0.5240
๐จ Stop Loss: Below $0.4017
๐ Bearish Rejection Strategy:
๐น Entry Zone: $0.4616 - $0.4800 (Sell if Rejected)
๐ฏ Take Profit Targets:
โ TP1: $0.4400
โ TP2: $0.4200
โ TP3: $0.4017
๐จ Stop Loss: Above $0.5000
โก Market Outlook:
ENA is showing strong bullish momentum, breaking above key resistance with high volume. If it holds above $0.4536, a rally towards $0.4840 - $0.5240 is likely. However, a failure to hold support could lead to a pullback toward $0.4200 or lower.
๐ข Pro Tip: Watch for volume confirmation and breakout retests before entering. A dip toward $0.4400 could offer an optimal buying opportunity. ๐๐
#ENA #AI Rebound: Which Tokens to Watch? #BTC #ETH