ENA/USDT — Recovery Setup Toward $0.87 in Progress

6 giorni fa

NA/USDT — Recovery Setup Toward $0.87 in Progress 🚀

ENA has shown a strong rebound from its major support zone, confirming a short-term bottom formation after the recent deep correction.
Price structure now indicates a shift from accumulation to expansion, with early signs of buyer momentum building up on the lower timeframes.

🔍 Technical Outlook:

Support Zone: $0.13 – $0.15 (strong base level)

Current Price: ~$0.50

Resistance / Target: $0.87

Pattern: Early stage of a potential impulse wave recovery

Volume: Gradually increasing, signaling renewed interest

📈 Scenario Expectation:

If ENA continues holding above the $0.45–$0.50 range, the next move could extend toward $0.65, followed by a possible breakout to $0.87, aligning with the previous major resistance zone.
A break above $0.87 would confirm a full trend reversal and open the path toward new cycle highs.

⚠️ Risk Zone:

Failure to hold above $0.45 may trigger a retest of the lower accumulation area around $0.30–$0.35 before another potential leg up.

6 giorni fa

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