$ENA – Rebound or Fakeout.
📊 Current Price: $0.3735 (+6.29%)
🔼 24H High: $0.3934 |... 24H Low: $0.3370
Technical Analysis
✅ Bounce from $0.3370 support, showing strength
✅ MA(7): $0.3779 | MA(25): $0.3567 – bullish crossover!
✅ MA(99): $0.3962 – major resistance ahead
Trade Setup
📈 Bullish Case.
• If ENA holds above $0.37, next resistance at $0.39-$0.40
• Break above $0.40 could push price to $0.42+
📉 Bearish Case..
• Rejection at $0.39-$0.40 could lead to a retest of $0.36-$0.34
🔍 Volume increasing, signaling potential momentum shift. Watching for a clean break above resistance.
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