The $ENA /USDT 15-minute chart is showing a current price of 0.5326, reflecting a significant surge of +34.60% in the last 24 hours.
The price has reached a high of 0.5540 and a low of 0.3944 in the same period, indicating substantial volatility.
Key technical levels to monitor include a strong resistance at 0.5540, which, if broken, could signal further upward momentum. The support level to watch sits around 0.5187, serving as a cushion for any potential price retracement.
For those looking to enter a trade, an entry around the current price zone of 0.5326 could be considered, targeting profit levels at 0.5450 (TP1), 0.5500 (TP2), and 0.5540 (TP3). To mitigate risk, setting a stop-loss (SL) at 0.5100 is advisable to safeguard against unexpected downward movements.
Traders should stay alert for volume confirmation and market shifts to inform their strategy.
