🚀
$ENA /USDT – Ready for the Next Bullish Leg! 🚀
$ENA is setting up for a powerful move higher! Here’s the deep dive:
📊 Technical Setup:
Trend: Moving within a descending channel on the 1H timeframe.
Current Position: Price has reached the lower boundary of the channel and is showing signs of bouncing upwards. A breakout is likely, followed by a retest of the upper channel boundary.
Support Zone: Critical support in green at 0.1070, which has held multiple times — a strong area for buyers to step in.
RSI Analysis: RSI is trending down toward the lower boundary, but an upward bounce is anticipated, signaling bullish momentum. Additionally, RSI is consolidating above the 100-period moving average, supporting the expected upward move.
💎 Trade Plan:
Entry Price: 0.1168 ✅
Targets:
TP1: 0.1200 🚀
TP2: 0.1260 🔥
TP3: 0.1325 🌕
Stop Loss: Below the green support zone, ensuring smart risk management.
⚡ Key Reminder:
Money management is everything. Don’t risk more than you’re willing to lose — let the trade work for you while you protect your capital.
📈 Market Outlook:
With
#ENA bouncing from strong support and RSI showing upward potential, the next leg higher is well on the horizon. Bulls are in control, and momentum favors those ready to enter now!
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#CryptoAnalysis $ENA