$ENA ENA/USDT – Market View (H1 & H4)
ENA is currently trading around 0.1219, after bouncing strongly from the 0.108 support zone. Short-term trend has shifted to the upside, but price is now approaching a key resistance area.
On the H1 timeframe, price is holding above the recent breakout level, showing buyer interest, though momentum is slowing near 0.122–0.123.
On the H4 timeframe, structure is improving, but the market is still inside a broader range. A clear continuation will need confirmation.
Indicators:
RSI ~55 → healthy strength, not overbought
MACD turning positive → early bullish momentum
Volume expanded on the move up, follow-through is needed
Key Levels:
Support: 0.118 – 0.114
Resistance: 0.123 – 0.125
Market View:
Sustained move above 0.123 may open the path towards 0.128 – 0.130
Rejection near resistance could lead to a pullback towards 0.118
Waiting for confirmation. No FOMO.
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