🚀⚡ $ENA /USDT Finds Support: Key Levels to Watch for a Breakout! 🎯🔥
The $ENA /USDT pair is showing some stability after recent volatility, currently trading at 0.3653 USDT with a modest gain of 0.47% in the past 24 hours. With support levels holding, ENA might be gearing up for a potential move. Here’s what traders need to watch:
Market Highlights:
24h High: 0.3840 USDT
24h Low: 0.3470 USDT
Moving Averages: $ENA is positioned above MA(25) but is just below MA(99), hinting at a mixed short-term sentiment but potential for an upside move.
🎯 Key Targets to Watch:
1️⃣ Immediate Support Level: 0.3470 USDT
This is the 24-hour low and a crucial support level. Maintaining above this could reinforce bullish momentum, while a breakdown may signal further downside pressure.
2️⃣ First Resistance Target: 0.3678 USDT
If ENA can reclaim this level (close to MA(7)), it would be a positive sign for buyers, possibly driving additional interest from short-term traders looking for a bounce.
3️⃣ Upper Resistance Level: 0.3874 USDT
Breaking above this level would indicate stronger bullish momentum and a potential breakout, signaling confidence from buyers and setting the stage for further gains.
⚠️ Caution Zone:
If ENA slips below 0.3470 USDT, additional declines could follow. Traders should keep an eye on these levels to manage their strategies effectively.
Stay alert, set your notifications, and keep ENA on your watchlist for potential moves! #Therapydogcoin #ENA #CryptoAlert #BinanceSquareFamily #CryptoPreUSElection